A telecommunication company divided into different divisions for residential and business Internet service is an example of
a. An M-form of an organization
b. A functional organization
c. An N-form organization
d. All of the above
a
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Based on the data in the above table, at what level of output does the marginal cost start to rise at Jefferson's Cleaners?
A) 45 suits per day B) 47 suits per day C) 74 suits per day D) 85 suits per day
If the cross price elasticity of demand between goods A and B was equal to 0.5, those goods are substitutes
a. True b. False Indicate whether the statement is true or false
Which of the following is an example of an undesirable side effect of the operation of the market mechanism?
a. negative externalities b. comparative advantages c. abstractions d. productivity growth
Use the table below to answer the following question.UnitsMaximum Willingness to PayMarket PriceMinimum Acceptable Price1$14$10$62121083101010481012561014641016At what level of output is productive efficiency achieved?
A. 3 B. 4 C. 5 D. 6