Economic Efficiency Is Indicated by

question 425

Multiple Choice

Economic efficiency is indicated by

• A) P = AVC.
• B) MR = MC.
• C) P = MR.
• D) P = MC.

---

Definitions:

Dysfunctions of a Team

The obstacles or behaviors that hinder a team's effectiveness and productivity, such as lack of trust, fear of conflict, or avoidance of accountability.

Accountability

The responsibility to report, explain, or justify actions; the acknowledgment and assumption of responsibility for actions and decisions.

Commitment

The state of being dedicated to a cause, activity, or job; wholeheartedly giving oneself to a particular pursuit or goal.

Performance Evaluation

A process of assessing an employee's job performance and productivity in relation to predetermined criteria and organizational objectives.