Business
Business, 18.12.2019 02:31, niharikam242

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a firm can determine whether or not it is using its resources efficiently by calculating the value of the for each resource and dividing it by the of that resource. this will tell the firm the of each factor of production. the firm can then decide to increase or decrease its use of each factor of production. when the revenue per dollar spent is the firm will be using its resources in the most efficient manner.

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