Which of the following statements about marginal analysis is true?
A) Marginal analysis is typically a straightforward procedure to apply in real-life situations.
B) An important factor in marginal analysis is predicting demand, which is an exact science.
C) Marginal revenue is also the demand curve, so it represents the amount customers will buy at different prices.
D) Profit is maximized at the point at which marginal cost is exactly equal to marginal revenue.
E) The cost of producing a unit beyond the point when marginal cost equals marginal revenue is much less than the revenue from the sale of that unit.
D
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The ____ package can be used to analyze the HTML source of Web sites in order to accomplish tasks such as tracking competitor pricing on products, gathering pricing for raw materials, and collecting relevant business news for a particular industry.
A. UTL_HTTP B. UTL-SMTP C. DBMS_ALERT D. DBMS_PIPE
The use of the qualifying word(s) __________ is/are understood to place purchasers on notice that they may not rely on the credit of the person using this language
a. "Accepted" b. "Certified" c. "Without recourse" d. "Insufficient funds"
Refer to the data on Expected Demand for Weston Gadgets, Inc. Based on the Hurwicz criterion, which of the following options would you choose if you used the coefficient of realism of 0.6?
A. outsource
B. build capacity
C. do nothing
D. either outsource or do nothing
A difference between incentives and merit increases is that incentives:
A. rely on a subjective measure of performance, whereas merit increases rely on an objective measure of performance. B. do not increase the base wage, whereas merit increases increase the base wage. C. are relational returns, whereas merit increases are part of the total compensation. D. cannot be tied to the performance of an individual, whereas merit increases can be tied to the performance of an individual.