Instruction 2-2
at a Meeting of Information Systems Officers for Regional

question 146

Multiple Choice

Instruction 2-2
At a meeting of information systems officers for regional offices of a national company,a survey was taken to determine the number of employees the officers supervise in the operation of their departments,where X is the number of employees overseen by each information systems officer.
$$\begin{array} { l r } X & f \\\hline \hline 1 & 7 \\2 & 5 \\3 & 11 \\4 & 8 \\5 & 9\end{array}$$
-Referring to Instruction 2-2,how many regional offices are represented in the survey results?

• A)11
• B)5
• C)15
• D)40

Evaluate the economic implications of pricing strategies above marginal cost.

Explain entry and exit dynamics in long-run market equilibrium.

Understand the concept of short-run and long-run equilibria in monopolistic competition.

Determine the efficient scale of production for a monopolistically competitive firm.

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Definitions:

Maker

In financial terms, it refers to the entity that creates or issues a promissory note or draft.

Drawee

The party in a financial transaction who is directed to pay a certain sum, typically the bank on which a check is drawn.

Negotiable

Capable of being transferred or converted into goods, services, or money under terms agreeable to the involved parties.

Payable To Order

A clause on a financial document that specifies who can receive the payment, allowing the initial payee to endorse it over to another party.