A change in the market has increased the profit on the super product by $5. Total profit will increase by ________
Fill in the blank with correct word.
Answer: $667
You might also like to view...
A budget that allocates resources on the basis of a single estimate of costs is called a(n) ______ budget.
A. unitary B. zero-based C. cash D. fixed E. incremental
One of the advantages of using secondary data is that it may enhance primary data
Indicate whether the statement is true or false
Which of the following types of statement should be avoided in a training session, since they could be offensive?
a. “I’m not a member of a dominant group.” b. “I want to do my best to improve diversity here.” c. “I wish I was better at thinking about diversity issues.” d. “I don’t see race.”
A market situation in which there is a sufficiently large number of well-informed buyers and sellers of a homogeneous product such that no individual participant has enough power to determine the price of the product, resulting in a marketplace that is efficient in production and allocation of products is known as
A. comparative advantage. B. monopoly. C. absolute advantage. D. perfect competition. E. competitive advantage.