FIGURE 13- 4 the Three Diagrams Below Each Show a Supply

question 12

Multiple Choice

FIGURE 13- 4 The three diagrams below each show a supply curve for oil tankers over a relatively short period of time.

-Consider a small firm that is producing winter jackets.It can lease an additional sewing machine for one month for $2400.With this additional machine,the firm can produce an additional 4 jackets during that time period that it sells for $550 each.Hiring the marginal machine adds to the firm's profit and so it should _ the machine.

• A)$0; be indifferent as to whether to lease
• B)$2400; lease
• C)- $200; not lease
• D)$200; lease
• E)- $2400; not lease

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Definitions:

Online Social Networking

The use of internet-based platforms and websites that enable users to interact, share information, and create communities based on shared interests or connections.

Negative Gossip

Harmful or malicious rumors or talk about someone that can damage their reputation or relationships.

Knowledge Management

The act of seizing, disseminating, and optimally utilizing expertise within a corporation.

Social Networking Sites

Online platforms that enable users to create a public profile, connect with other users, and share content, facilitating social interactions.