Which of the Following Would Have the Least Amount of Influence

question 63

Multiple Choice

Which of the following would have the least amount of influence on a manager's choice of which inputs to employ in a production process?

• A)The price of a competitor's output.
• B)The technology of the production process.
• C)The marginal productivity of the inputs that can be used in the production process.
• D)The prices of the inputs that can be used in the production process.

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Definitions:

Bank

A financial institution licensed to receive deposits and make loans, in addition to offering various other financial services.

Electronic Funds Transfer

A digital transaction method where money is transferred from one account to another without the physical exchange of cash.

Drawer

A compartment for holding or storing items, or in financial terms, the person who writes a bill of exchange or check.

Payee

The party to whom payment of a promissory note is to be made.