The processes a firm uses to turn inputs into outputs of goods and services are the firm's
A) production function.
B) technology.
C) total factor productivity.
D) manufacturing ideology.
B
Economics
You might also like to view...
Innovation and new ideas are rewarded in a nation with a traditional economy.
a. true b. false
Economics
If the government wanted a tax to not burden consumers much, it would want to tax an industry with:
a. elastic supply and demand curves. b. inelastic supply and demand curves. c. inelastic supply and elastic demand. d. elastic supply and inelastic demand.
Economics