Which of the following statements regarding the trade-off between conformance and nonconformance costs is (are) false? a. The optimal level for a company's quality control program occurs when its conformance costs equal its nonconformance costs. b. There is an inverse relationship between the costs spent on nonconformance costs and the level of quality achieved.1. Only A is false.2. Only B is false.3. Both A and B are false.4. Neither A nor B is false.

How did the contribution of the goods producing sector to gdp growth change between 2010 and 2011 a. it fell by 0.3%. b. it fell by 2.3%. c. it rose by 2.3%. d. it rose by 0.6%. the answer is b

Which represents a surplus in the market? a market price equals equilibrium price. b quantity supplied is greater than quantity demanded. c market price is less than equilibrium price. d quantity supplied equals quantity demanded.

Aproperty title search firm is contemplating using online software to increase its search productivity. currently an average of 40 minutes is needed to do a title search. the researcher cost is $2 per minute. clients are charged a fee of $400. company a's software would reduce the average search time by 10 minutes, at a cost of $3.50 per search. company b's software would reduce the average search time by 12 minutes at a cost of $3.60 per search. which option would have the higher productivity in terms of revenue per dollar of input?