Answer:
If oligopolists engaged in some sort of collusion, industry output would be smaller_____ and price would be _higher____ than under perfect competition.
The type of information the marketing team was using is referred to as the secondary data or information. The secondary data is a type of data which is gathered for other purposes and not the original one. The examples of this are internet, news, and books.
Productivity of a worker is measured by how much is produced at a given time.
<h3>What is worker productivity?</h3>
It measures the amount of output produced at a given work interval.
The quantity of goods and services produced per a given time measures a worker productivity.
Therefore, productivity of a worker is measured by how much is produced at a given time.
Learn more on productivity here,
brainly.com/question/1151291
Bounded rationality simply means an idea that has to do with the fact that people are limited in their ability to make decisions.
You didn't provide the options. Therefore, an overview of the topic will be given. Bounded rationality means the way individuals make decisions that is different from perfect economic rationality.
An example of bounded rationality is when ordering at a restaurant and the customer makes suboptimal decisions because the customer was rushed by the waiter.
Learn more about rationality on:
brainly.com/question/2992155
Answer:
Computing a cost rate per production is not part of activity based costing
Explanation: The cost rate per production is computed in the traditional Absorption costing to allocate the overhead costs to unit products.