35. In which case does the company need to stop production to minimize losses? 1. If TR >TC 2. If VC

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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35. In which case does the
company need to stop production
to minimize losses?
1. If TR >TC
2. If VC<TR<TC
3. If TR<VC
4. If TR<TC
36. The Main governing body of a
joint-stock company is...
1. The Board of Directors
2. General meeting of shareholders
3. Manager
4. General Director
37. What kind of unemployment
leads to the replacement of manual
labor by machine labor?
1. Hidden unemployment
2. Structural unemployment
3. Cyclical unemployment
4. Technological unemployment
Transcribed Image Text:35. In which case does the company need to stop production to minimize losses? 1. If TR >TC 2. If VC<TR<TC 3. If TR<VC 4. If TR<TC 36. The Main governing body of a joint-stock company is... 1. The Board of Directors 2. General meeting of shareholders 3. Manager 4. General Director 37. What kind of unemployment leads to the replacement of manual labor by machine labor? 1. Hidden unemployment 2. Structural unemployment 3. Cyclical unemployment 4. Technological unemployment
32. If the company does not
produce products, its fixed costs
are...
1. Equal to gross
12. Equal to zero
3. Fewer variables
4. Equal to variables
33. The market of perfect
competition is characterized by ...
1. The presence of a single buyer
2. Production of a differentiated
product
3. The production of a
homogeneous product
4. Presence of entrance barriers
34. Generally Accepted means of
payment that is accepted in
exchange for goods and services,
as well as for the payment of debts
- is...
1. Bank-bills
2. Deposits
3. Money
4. Certificates
Transcribed Image Text:32. If the company does not produce products, its fixed costs are... 1. Equal to gross 12. Equal to zero 3. Fewer variables 4. Equal to variables 33. The market of perfect competition is characterized by ... 1. The presence of a single buyer 2. Production of a differentiated product 3. The production of a homogeneous product 4. Presence of entrance barriers 34. Generally Accepted means of payment that is accepted in exchange for goods and services, as well as for the payment of debts - is... 1. Bank-bills 2. Deposits 3. Money 4. Certificates
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