A firm's ability to process information depends on:

a. its human resources.
b. how the information is transferred within the organization.
c. its organizational design.
d. how the information originates.

C

Economics

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If the quantity of a good exchanged increased, a. It would also increase the price if it was caused by a shift in demand

b. It would also increase the price if it was caused by a shift in supply. c. We would not know how price would change if we didn't know whether it was due a shift in demand or a shift in supply. d. Answers a. and c. would both be true.

Economics

Distinguish between the economist’s definition of profit and the accountant’s definition. Which is superior for decision making?

What will be an ideal response?

Economics