A bureau's total output is decided at the same time as its budget just as in the private sector

Total factor productivity is

A) the quantity of output per worker. B) the quantity of output per unit of capital. C) the ratio of inputs divided by outputs. D) the quantity of output per unit of input.

Suppose the demand for pizza in a small isolated town is p = 10 - Q. There are only two firms, A and B. Each has a cost function TC = 2 + Q. Determine the equilibrium quantities of each if firm A is the Stackelberg leader

What will be an ideal response?