Multiple Choice
An organization that converts inputs (like Labor,Capital etc.) into output can be a
A) firm.
B) sole proprietorship.
C) corporation.
D) All of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q74: Total Product is<br>A) the change in total
Q75: The Marginal Product of Labor is<br>A) the
Q76: In China,firms owned by the government are
Q77: Let the production function be q =
Q78: Technological efficiency is<br>A) a necessary and sufficient
Q80: Only corporations benefit from limited liability.
Q81: A production function tells the firm<br>A) the
Q82: Limited liability is a benefit to<br>A) sole
Q83: Suppose the production function for a certain
Q84: The Average Product of Labor is<br>A) the