Firms that face capacity constraints can increase output only up to the capacity, but no further. Therefore, firms a. Should price to capacity as long as MR > MC b. Should price to capacity as long as MR < MC c. Should price to capacity as long as MR = MC d. Should not take capacity into consideration in pricing decisions

Jimmy owns an ice cream parlor. he designs a schedule for the different tasks the employees have to perform in order to prevent monotony at work. according to the schedule, if an employee makes waffle cones on a day, he serves ice creams the next day and clears the tables on the day after that. jimmy is using the approach at his ice cream parlor.

Greater concern for innovation and quality has shifted the job trend to using more broadly defined jobs. t/f

Hours to produce one unit worker hours to produce yarn country a 8 hours country b 4 hours worker hours to produce fabric counrty a 12 hours country b 13 hours additional worker hours to produce fabric instead of yarn country a ? country b? which of the follow is true of the trade relationship between country a and country b? country a has an absolute advantage in producing yarn and fabric country b has an absolute advantage in producing yarn and fabric country b has a comparative advantage to country a in producing fabric country a has a comparative advantage to country b in producing fabric