Unlike an Owner,a Manager May Be More Concerned with _____

question 3

Multiple Choice

Unlike an owner,a manager may be more concerned with _____ than with _____.Which pair of words best completes this sentence?

• A)profits,personal benefits
• B)personal benefits,profits
• C)profits,working conditions
• D)cost,revenue

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Definitions:

Marginal Analysis

An approach in economics that examines the effects of adding to or subtracting from the current situation.

Cell Phones

Portable electronic devices used for communication, internet browsing, and multimedia playback.

Total Profit

The total income a business earns after paying all costs and expenses.

Marginal Cost Curve

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