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Firm a Enjoys a Better Activity Ratio Than Firm B

Question 104

Short Answer

Firm A enjoys a better activity ratio than Firm B. What might this mean?
Firm A likely generates greater profits or sales.
Firm A uses its resources more efficiently than Firm B.
Firm A has more customers than Firm B.
Firm A generates greater profits on sales and uses its resources more efficiently than B.
It might not mean anything.

Correct Answer:

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Firm A generates gre...

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