A matrix form is more likely to be found in organizations which:
a. produce one product and operate in a single market.
b. produce many products and operate in a single market.
c. produce one product and operate in multiple markets.
d. produce many products and operate in multiple markets.
D
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What determines eligibility for SNAP?
a. If a person does not earn enough money to buy their desired amount of food b. If a person has young children or if the person is considered a senior c. If 30% of a person’s income does not afford a nutritionally adequate diet d. If 30% of a person’s income does not afford a person’s desired quality and quantity of food
When negative externalities exist in the production of a good, the marginal social cost of producing the good:
A. is less than the marginal cost borne by the firm. B. equals the marginal cost borne by the firm minus marginal cost borne by a third party that results from the production and consumption of the good. C. equals the marginal cost borne by the firm plus the marginal cost borne by third parties from the production and consumption of the good. D. is equal to the marginal benefit received by consumers if competitive markets exist and there is no government intervention.