If efficiency has been attained,
a. it will be possible to make any one person better off without harming another.
b. it will not be possible to make any one person better off without harming another.
c. perfect competition must exist.
d. the opportunity cost of any change in resource use must be zero.
b. it will not be possible to make any one person better off without harming another.
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A pulsating schedule of advertising:
A) involves continuous advertising with bursts of higher intensity B) involves advertising during certain times of the year with no advertising at other times C) is level throughout the year D) involves alternating levels of advertising from high to low amounts
Business income includes all income earned in the ordinary course of business.
Answer the following statement true (T) or false (F)
Mattel's American Girl Doll creates special ________ between the dolls and the girls who adore them
A) service offerings B) benefits C) wants D) values E) brand experiences
Which of the following methods is used for process layout analyses using quantitative data?
A. cost optimization method B. relationship rating method C. line balancing method D. factor rating method