The figure below shows a per-worker production function.A technological improvement would make Point C attainable.

Willow Clinic bases its budgets on patient-visits. During October, the clinic plans for a level of activity of 2,100 patient-visits. The clinic has provided the following data concerning the formulas it uses in its budgeting:
Required:Prepare the clinic's planning budget for October.

Which of the following is not an example of a source of systematic or market risk?

A) Interest rate changes
B) Foreign competition with an industry's products
C) Changes in the overall economic outlook
D) Changes in the inflation rate

Managers can empower employees and help them develop self-efficacy by:

A) avoiding challenging jobs.
B) providing harsh criticisms.
C) rewarding employees' achievements.
D) minimizing their role in decision making.

Diminishing marginal product affects the shape of the production function in what way?

A) The slope of the production function decreases as the quantity of input increases.
B) The production function becomes steeper as the quantity of input increases.
C) The production function slopes downward.
D) The production function is horizontal beyond a certain quantity of input.

If Bart's money wages doubled from 2013 to 2018 and the consumer price index rose by 50%,we would know that Bart's real wages

A) fell by 50%.
B) stayed about the same.
C) rose by less than 50%.
D) doubleD.