An Automobile Manufacturer Increased the Total Number of Cars Produced

question 27

Multiple Choice

An automobile manufacturer increased the total number of cars produced while keeping the production costs the same. The manufacturer ________.

• A) increased its equity
• B) increased its efficiency
• C) increased its effectiveness
• D) increased its effort

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Definitions:

Misrepresented Solvency

The act of falsely presenting or lying about the financial stability or liquidity of an entity.

10-day Limitation

A stipulated period in a contract or legal requirement limiting certain actions or filings to within ten days.

Liquidated Damages

A predetermined amount of money that must be paid as damages for failure to perform under a contract, agreed upon when the contract is formed.

Special Damages

Compensation awarded for specific, quantifiable financial losses incurred due to an injury or breach of contract.