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Graph the Inequality y>5x+4y>-5 x+4 A)

B)

C)

D)

question 257

Multiple Choice

Graph the inequality.
- y>5x+4y>-5 x+4
 Graph the inequality. - y>-5 x+4    A)    B)    C)    D)

Identify the benefits of planning for individuals and organizations.
Describe the steps in the planning process.
Recognize the types of plans used by managers and their applications.
Understand the attributes of effective goals and the importance of goal alignment in organizational performance.

Definitions:

X-Inefficiency

A situation in which a firm fails to utilize its resources efficiently because of a lack of competitive pressure.

Average Total Costs

The total cost of production divided by the quantity produced, representing the per-unit cost of producing a good or service.

Economies Of Scale

Operational scale increases lead to cost efficiencies for businesses, prominently reflecting in reduced production costs per unit as the amount of output grows.

Diseconomies Of Scale

The situation when a firm’s average total cost of producing a product increases in the long run as the firm increases the size of its plant (and, hence, its output).

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