6. Which of the following does NOT characterize a command economy?* O a. The presence of competition
O b.
b. The economic question are answered by the government
O c. Very little economic choice
d. No private ownership

You are the manager of a firm that produces output in two plants. the demand for your firm's product is p = 20 − q, where q = q1 + q2. the marginal costs associated with producing in the two plants are mc1 = 2 and mc2 = 2q2. how much output should be produced in plant 1 in order to maximize profits?

Select the correct answer. the word intestate means that a person has died with or without a will?

From a business perspective, an information system provides a solution to a problem or challenge facing a firm and represents a combination of management, organization, and technology elements. the organization's hierarchy, functional specialties, business processes, culture, and political interest groups are components of which element of information systems?