If a Business Produces and Sells Only One Unit of a Good

question 80

Multiple Choice

If a business produces and sells only one unit of a good, what would its profit be?  

• A) the price received for the good 
• B) the price of the product minus the cost of the resources used to produce the product 
• C) the return paid to the firm's bank on its outstanding loans 
• D) the price of the product minus the wages paid for the labour used to produce it

Recognize the role of equity theory in motivation and the tactics it suggests.

Identify the needs that vary in their relationship with autonomous motivation across cultures.

Understand how motivation theories translate across cultures.

Understand the significance of goal specificity in the context of motivation theories.

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Definitions:

Enzyme

Biological molecules that act as catalysts to speed up chemical reactions in living organisms.

Graph

A diagram showing the relation between variable quantities, typically of two variables measured along a pair of lines at right angles.

Reactants

Materials that exist before a chemical reaction starts and are used up to create end products during the reaction.

Hydrogen Ion Acceptor

A hydrogen ion acceptor, often a base in chemical terms, is a compound that is capable of accepting a hydrogen ion (H+) from another compound, thus participating in neutralization or buffer reactions.