Your average and marginal cost is $300. You charge $500 and serve 1,000 customers. You forecast sales of 1,200 at a price of $450. Which of the following is true? a. Marginal revenue is $450.
b. Marginal revenue is larger than marginal cost.
c. Cutting the price to $450 will increase profits.
d. None of the above

Of the roles commonly found in the development, maintenance, and compliance efforts related to a policy and standards library, which of the following has the responsibilities of directing policies and procedures designed to protect information resources, identifying vulnerabilities, and developing a security awareness program?

The board of directors is the highest ranking body in a corporation, and the chairman of the board is the highest ranking individual. the ceo generally works under the board and its chairman, and the board generally has the authority to remove the ceo under certain conditions. the ceo, however, cannot remove the board, but he or she can endeavor to have the board voted out and a new board voted in should a conflict arise. it is possible for a person to simultaneously serve as ceo and chairman of the board, though many corporate control experts believe it is bad to vest both offices in the same person. true false

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