Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
insherro insherro
wrote...
Go to Answer
Posts: 671
Rep: 5 0
7 years ago
Which of the following statements is correct?
A) Evidence strongly suggests that legislatively mandated input combinations have greatly reduced production costs in many industries.
B) Legislating input combinations in a particular industry can bias the decision making of the firm's managers and lead to higher-than-necessary costs of production.
C) Legislating input combinations in a particular industry has little or no effect on the decision making of the firm's managers.
D) Legislating input combinations in a particular industry is preferred to relying on market forces to determine the cost-minimizing combination of inputs to a production process.
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
Read 381 times
1 Reply
University of Ottawa - Economics for Managers
Replies
Answer verified by a subject expert
andyborziandyborzi
wrote...
#1
Posts: 449
Rep: 13 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
humaidbss,  sreenivas

Related Topics

insherro Author
wrote...

7 years ago
This calls for a celebration Person Raising Both Hands in Celebration
veronee_madison
wrote...

Yesterday
This helped my grade so much Perfect
bbbbbbbh
wrote...

2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1254 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 4432
  
 330
  
 372
Your Opinion
What's your favorite math subject?
Votes: 293
Previous poll results: Does a gender wage gap exist in America?