Operators of Private Dog Parks in Your City Decide to Eliminate

question 197

Multiple Choice

Operators of private dog parks in your city decide to eliminate their fees and allow dog owners to exercise their dogs in the parks at no charge. This statement means that the incentive to exercise dogs at the dog park ________.
The operators' decision is a ________.

• A)remains the same;macroeconomic decision
• B)changes;microeconomic decision
• C)remains the same;microeconomic decision
• D)changes;macroeconomic decision
• E)changes;decision in the self-interest but not in the social interest

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Definitions:

Organization's Ability

A measure of how well a company can deploy its resources and capabilities to achieve its goals and objectives.

Utilization

Actual output as a percent of design capacity.

Units

Standard quantities used in measurement that serve as reference points for describing the magnitude of attributes.

Process Time

The time to produce a unit (or specified batch of units) at a workstation.