Kelly Is in Charge of Both Accounting and Investments and All

question 78

Multiple Choice

Kelly is in charge of both accounting and investments and all of the employees involved with these functions at her firm.Kelly is a(n) ____ manager.

• A) executive
• B) financial
• C) first-line
• D) Middle
• E) operations

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Definitions:

Long Run

A period of time in economics sufficient for all markets to adjust to changes, including the production capacity of the industry.

Price Paid

The actual amount of money exchanged for acquiring a good or service.

Resource Market

A market where raw materials, services, and other inputs required to produce goods and services are bought and sold.

Shift Resources

The reallocation of resources from one use to another, often in response to changing market conditions.