Higher Education Levels and Better Management

question 54

Multiple Choice

Higher education levels and better management

• A)Cause MPP to slope downward.
• B)Shift the long-run ATC curve downward.
• C)Lead to greater diseconomies of scale.
• D)Shift the MC curve upward.

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Definitions:

Sustainable Operating Profits

Profits from core business operations that are expected to continue or be maintained without significant new investment or changes in the business environment.

Nonrecurring Items

Financial events that are not expected to happen regularly in a company's business cycle, affecting the company's usual revenue or expenses.

Reported Income

The income that a company officially reports, usually on its income statement, reflecting the financial performance over a specific period.

Return on Assets (ROA)

A financial ratio that indicates how profitable a company is relative to its total assets, calculated as net income divided by total assets.