Examlex
Read the following email,which Leah sent to her supervisor.Then choose the answer below that best explains what is wrong with the email. SUBJECT: Praise for our intern's work
Janice,I just wanted to let you know that Bryan is doing exceptional work as an intern.I'm really happy with his effort.
Market Price
The cost at which a product or service is made available in the market, dictated by the forces of supply and demand.
Economic Profit
The difference between total revenue and total costs, including both explicit and implicit costs, indicating the profit beyond the normal return on investment.
Marginal Decision Rule
A principle stating that an action should be taken if, and only if, the marginal benefits are greater than or equal to the marginal costs.
MR
Short for Marginal Revenue, it refers to the extra revenue that an organization receives from selling one more unit of a good or service.
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