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.Management Sciences
A. No profit is being made
B. Total revenue equals total cost
C. Profits are maximised
D. Producing another unit would increase profits
Related Mcqs:
- As resources are shifted from one industry to another this can be shown by ?
- A. An inward shift of the production possibility frontier B. A movement along the production possibility frontier C. An outward shift of the production possibility frontier D. The pivoting of the production possibility frontier...
- According to supply side economists as tax rates are reduced labour supply should increase. This implies that ?
- A. There is no income effect when tax rates are changed B. The income effect of a wage change is greater than the substitution effect of a wage change. C. There is no substitution effect when tax rates are changed D. The substitution effect of a wage change is greater than the income effect of … According to supply side economists as tax rates are reduced labour supply should increase. This implies that ?Read More...
- Modernization in Britain was not as disruptive as in other countries because_______________?
- A. the British are smarter B. the rate of change was slower, so integration of new values was possible C. the British were ahead of other societies in their level of civilization D. the British had the Magna Carta which protected civil rights...
- The high divorce rate in industrial societies related to______________?
- A. the importance of religion B. the low status of women C. emphasis on group goals D. the stress on values of individualism and personal goals...
- Credentialism opens jobs _______________?
- A. to all people B. to members of skilled professions C. to members of academia D. but has no bearing on the job market...
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