A command system is a method of coordinating a firm's productive resources that uses

A) government regulations.
B) discipline and punishment.
C) a managerial hierarchy.
D) survival of the fittest.

C

Economics

You might also like to view...

Refer to Figure 10-1. Which of the following is consistent with the graph depicted above?

A) Technological change increases the profitability of new investment. B) Households become spendthrifts and begin to save less. C) An expected recession decreases the profitability of new investment. D) The government runs a budget surplus.

Economics

Which of the following is a component part of investment spending?

A) the purchase of a new microwave by a fast food restaurant B) the purchase of 500 shares of corporate stock C) the sale of 500 shares of corporate stock D) all of the above

Economics