Assume You Are in the Business of Producing and Selling

question 188

Multiple Choice

Assume you are in the business of producing and selling cars.If you could produce more cars with the same input, what would happen to your productivity and profits assuming the price of your cars remains the same?

• A)increase in productivity, decrease in profits
• B)increase in productivity, increase in profits
• C)decrease in productivity, decrease in profits
• D)decrease in productivity, increase in profits

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Definitions:

Dowry

A payment at the time of a woman's marriage that comes from her inheritance, made to either her or her husband.

India

A country in South Asia, known for its diverse culture, languages, and historical significance, and is the second-most populous country in the world.

Bride Service

A designated period of time (sometimes several years) when the groom works for the bride's family.

Mormon Church

Also known as The Church of Jesus Christ of Latter-day Saints, it is a Christian denomination founded in the early 19th century by Joseph Smith.