Any method of producing a good or service is _______. It _______ the maximum profit a firm can make.
A) an information constraint; always increases
B) a technology; limits
C) a technology; always increases
D) an information constraint; limits
Correct Answer:
Verified
Q125: Wanda takes $3,000 from her savings account
Q126: Heidi quit her job as a chef
Q127: When the marginal product equals the average
Q129: Q131: Q132: Economies of scale refer to Q133: Economic depreciation is the Q134: A company could produce 100 units of Q135: Marginal cost is equal to Q262: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A) a feature
A) firm's opportunity cost
A) output divided