A Firm Cannot Control All of the Factors That Allow

question 12

Multiple Choice

A firm cannot control all of the factors that allow it to make economic profits.Which of the following is an example of an uncontrollable factor?

• A)Product differentiation
• B)Input prices
• C)Producing at a lower average total cost than competing firms
• D)Hiring competent managers

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Definitions:

Resolution

Phase of the male sexual act after ejaculation during which the penis becomes flaccid; feeling of satisfaction; inability to achieve erection and second ejaculation. Last phase of the female sexual act, characterized by an overall sense of satisfaction and relaxation.

Ejaculation

The forceful expulsion of seminal fluid from the male urethra.

Orgasm

Climax of the sexual act, associated with a pleasurable sensation.

Erection

Condition of erectile tissue when filled with blood; tissue becomes hard and unyielding; especially refers to this state of the penis.