Which of the Following Explains Why Business Owners Have a Strong

question 176

Multiple Choice

Which of the following explains why business owners have a strong incentive to strive for operational efficiency?

• A) they recognize that operational efficiency promotes the public interest.
• B) since the owners are residual income claimants, increased efficiency will mean a higher income for the owners.
• C) if production is not conducted efficiently, the firm will ship jobs and capital out of the domestic market in order to be able to compete effectively.
• D) Increased operational efficiency allows the firm to receive government tax breaks.

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