Which of the Following Statements Is True

question 108

Multiple Choice

Which of the following statements is true?

• A)The marginal revenue of a monopolistically competitive firm will be positive at high prices and negative at low prices.
• B)Because the demand curve for a monopolistically competitive firm is downward-sloping, its marginal revenue will be negative.
• C)The marginal revenue of a monopolistically competitive firm will be always be positive.
• D)The marginal revenue of a monopolistically competitive firm will be positive at low prices and negative at high prices.

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Definitions:

Person Analysis

A process in human resources development identifying employees' skills, knowledge, and abilities to target training needs.

Task Analysis

The process of breaking down a job into its component tasks to identify necessary skills, knowledge, and behaviors for effective performance.

Organization Analysis

Examination of the environment, strategies, and resources of the organization to determine where training emphasis should be placed.

Competencies

The combination of skills, knowledge, and abilities that are required to perform a job effectively.