Which of the Following Is True of Recommendations

question 6

Multiple Choice

Which of the following is true of recommendations?

• A)It interprets information without suggesting an action.
• B)It is based on information outside the scope of the test.
• C)It presents the gist of the material in fewer words than the original.
• D)It suggests what to do about the information.
• E)It is presenting someone else's words as your own.

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Definitions:

Economic Inefficiencies

Situations where resources are not allocated optimally according to some criteria, leading to wasted or less effective outcomes.

Monopolistically Competitive

A commercial structure where many entities vend offerings that are similar in nature but not the same, allowing for slight dominance in the market.

Productive Efficiency

A state where a system can't produce more of one good without reducing the output of another, utilizing resources in the most cost-effective way.

Economic Profit

The discrepancy between the total sales of a corporation and its cumulative expenditures, including both manifest and concealed costs.