All organizations , including service firms such as banks and hospitals , have a production function.
举一反三
- An advance in technology will A: not shift the production function but will lead to a movement down along the production function. B: shift the production function downward. C: not shift the production function but will lead to a movement up along the production function. D: shift the production function upward.
- An increase in labor hours will lead to A: a shift of the aggregate production function but no movement along it. B: a movement along the aggregate production function but no shift in it. C: both a movement along and a shift in the aggregate production function. D: neither a movement along nor a shift in the aggregate production function.
- Which one of the following is NOT the function of policy Banks: A: Policy-oriented function B: Financial service function C: Complementary functions D: Insurance function
- Firms that specialize in helping companies raise capital by selling securities are called ________. A: commercial banks B: investment banks C: savings banks D: credit unions E: all of the above.
- If all your competitors provide high-quality products, then a high-quality production process is not a strength in your organizations market.