Production costs are determined not only by the prices of inputs, but also by
a. intangibles
c. competition
b. technology
d. consumer needs

Another restaurant manager says to you, “i’ve heard that barcelona has a three-step hiring process. candidates first have an interview in which scott does most of the talking, and then they visit barcelona restaurants and record their impressions. this seems like a lot of work. what is a purpose of both these steps? ” what would you tell the manager?

Saade, morin, and thomas (2012) describe critical thinking as the mental processes of discernment, analysis, and evaluation applied to information in order to achieve a logical final understanding and/or judgment. describe your approach to breaking down information into component parts to better understand the characteristics of a statement, concept, or problem. how might outlining to develop understanding? how do you know when to reach beyond previous experience and seek out other sources of information to enhance your understanding of the work in front of you? (this response does not require research support.)

The graph represents price and output quantities under a monopoly what price will the monopolist firm set