Slope is calculated as rise / run.

Independent firms that together can exploit economies of scale are referred to as a

A) T-form of organization. B) M-form of organization. C) network. D) weak alliance (the matrix).

Economists believe the Cost-Benefit Principle is:

A. a simple but useful model of how people should make choices. B. an interesting intellectual exercise with little applicability to the real world. C. of little use to those who wish to learn how to make better decisions. D. a comprehensive description all the factors that influence people's choices.