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NEW QUESTION: 1
At a price of $30, a firm sells 150 units of output per day. The slope of the demand curve is 0.1 (in absolute value). If the marginal cost of production is $8, what should the firm do?
A. decrease price
B. increase price
C. shut down
Answer: A
Explanation:
MR = 30 - (150*0.1) = 15. Since marginal revenue exceeds marginal cost, the firm should produce more output, which requires lowering the price.
NEW QUESTION: 2
What function does the decision point perform in a task route?
A. Initiates a task route
B. A rule container
C. Conditionally processes documents
D. Enables post processing
Answer: C
NEW QUESTION: 3
What is a chronological documentation of evidence also known as?
A. custody control
B. forensic analysis
C. chain of custody
D. investigative custodial control
Answer: C