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Obsolescence means decline in the value due to: (A) Fall in the market price (B) Physical wear and tear (C) Innovations and inventions (D) Efflux of time
Weegy: Obsolescence means decline in the value due to: (C) Innovations and inventions (More)
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Asked 9/28/2012 9:55:10 PM
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21. Which one of the following describes best the organization s values, aspirations and reason for being? (A)Vision (B) Mission (C)Objectives (D) Goals
Weegy: Thompson defines mission as the "essential purpose of the organization, concerning particularly why it is in existence, the nature of the business it is in, [ and the customers it seeks to serve and satisfy." Hunger and Wheelen say that mission is the "purpose or reason for the organization's existence". According to John Pearce "mission is an enduring statement of purpose that distinguishes one firm from other similar firms". B. Mission would be the best answer. ] (More)
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Asked 9/28/2012 9:38:30 PM
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14. Cost function usually refers to the relationship between cost and ___________. A. fixed cost C. rate of output B. variable cost D. direct cost User: 13. Trace the variable on which cost function does not depend. A. Technology C. Production function B. The market prices of inputs D. Period of time
Weegy: it usually refers to the relationship between cost and rate of output. (More)
Question
Expert Answered
Updated 7/5/2014 12:19:20 PM
2 Answers/Comments
Cost function usually refers to the relationship between cost and rate of output.
Added 7/5/2014 12:17:54 PM
This answer has been confirmed as correct, not copied, and helpful.
Rated good by andrewpallarca, Confirmed by andrewpallarca [7/5/2014 3:33:49 PM]
Cost function does not depend on technology.
Added 7/5/2014 12:19:16 PM
1. The ratio of the change in the equilibrium level of income to a change in some autonomous increase in spending is the A. elasticity coefficient. C. multiplier. B. automatic stabilizer. D. marginal propensity of the autonomous variable.
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Not Answered
Updated 209 days ago|10/31/2015 1:05:47 AM
1 Answer/Comment
The ratio of the change in the equilibrium level of income to a change in some autonomous increase in spending is the multiplier.
Added 209 days ago|10/31/2015 1:05:47 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by Andrew. [10/31/2015 1:49:57 AM], Rated good by Andrew.
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