Micro environment indicates the factors and forces in the immediate of the firm which affect the marketing manager's ability to serve the customers. (a) Area of operation
(b) Activities
(c) Supply
(d) None of these

Afirm’s production function is represented by q(m,r) = 4m 3/4r1/3, where q denotes output, m raw materials, and r robots. the firm is currently using 6 units of raw materials and 12 robots. according to the mrts, in order to maintain its output level the firm would need to give up 2 robots if it adds 9 units of raw materials. (a) true (b) false