Within all groups,communication networks vary in number but not in structure: each member communicates with other members.

The intersection of a firm's marginal revenue and marginal cost curves determines the level of output at which

A) total revenue is equal to variable cost.
B) total revenue is equal to fixed cost.
C) total revenue is equal to total cost.
D) profit is maximized.

The legally protected rights and interests that a person has in anything of established value subject to ownership is

A) accession.
B) commonwealth.
C) property.
D) a bailee's lien.

A company that produces a variety of nonstandard products in relatively small quantities would probably use a _____ layout.

A) customer-oriented
B) process
C) product
D) fixed-position

Training operators
A)Prevention cost
B)Appraisal cost
C)Internal failure cost
D)External failure cost

If the company pursues the investment opportunity, this year's combined residual income for the entire company will be closest to:

A) $23,200
B) ($44,000)
C) $628,000
D) $652,800