All of the Following Are Management Role Categories EXCEPT

question 63

Multiple Choice

All of the following are management role categories EXCEPT:

• A) interpersonal roles.
• B) informational roles.
• C) decisional roles.
• D) technical roles.

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Definitions:

Short Run

A period in which at least one factor of production is fixed, affecting the ability of a business to increase output in response to increased demand.

Marginal Cost Curve

A graphical representation showing how the cost to produce one additional unit of a good changes as production increases.

Average Total Cost (ATC)

The total cost of production (fixed and variable costs) divided by the total quantity of output produced.

Marginal Cost (MC)

Marginal cost is the increase in total cost that arises from producing one additional unit of a product or service.