You Are Using the Grapevine When You

question 105

Multiple Choice

You are using the grapevine when you

• A) ask top management, during a company meeting, about the company's recent merger.
• B) write a memo to your boss suggesting how to publicize the company's recent merger.
• C) post a news release on your company's website announcing its recent merger.
• D) write an article for your company's newsletter, quoting the CEO's comments about the recent merger.
• E) discuss the company's recent merger while you carpool with a coworker.

Identify the behavior of cost curves (MC, ATC, AVC, AFC) in the short run and their interactions.

Calculate specific cost measures (MC, ATC, AVC, AFC) given appropriate data.

Analyze the effects of changes in production levels on different cost measures.

Evaluate the impact of technological advances and changes in input prices on cost curves.