When a Firm Has Surplus Capacity (That Is, No Resource

question 84

Multiple Choice

When a firm has surplus capacity (that is, no resource constraints) , relevant costs for decision-making (for example, determining short-term product mix) will, relative to the situation where the firm faces one or more resource constraints, be:

• A) Lower.
• B) The same.
• C) Greater.
• D) It varies—that is, it is impossible to tell without further information.

---

Definitions:

Social Confidence

The degree of assurance a person has in social situations, enabling them to interact effectively with others.

Relaxation Techniques

Various practices designed to reduce stress and induce mental calm, such as meditation, deep-breathing exercises, and yoga.

Social Situations

Contexts involving interactions among individuals or groups, where behavior can be influenced by the presence, actions, or expectations of others.

Cognitive-behavioral Therapy

A psychotherapeutic treatment that helps patients understand the thoughts and feelings that influence behaviors, combining cognitive and behavioral techniques.