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Which of the Following Administrative Tools Is Used by Organizations

question 26

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Which of the following administrative tools is used by organizations to design job structures?


Definitions:

Price

The money value projected, needed, or surrendered in purchase of something.

Imperfect Competition

A market structure that does not meet the conditions of perfect competition, characterized by firms having control over the price of their goods or services.

Marginal Revenue Curve

A graphical representation showing how additional revenue changes with an increase in the quantity of goods or services sold.

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