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NEW QUESTION: 1
A Business Continuity Plan (BCP) is based on
A. the policy and procedures manual.
B. a standard checklist of required items and objectives.
C. an existing BCP from a similar organization.
D. a review of the business processes and procedures.
Answer: D
NEW QUESTION: 2
Which statement is true about the forwarding table?
A. The forwarding table contains both active and inactive routes.
B. The forwarding table is stored in the control plane only.
C. The forwarding table is stored in the control plane and in the forwarding plane.
D. The forwarding table can contain only a single next hop per destination.
Answer: C
NEW QUESTION: 3
Consider resource A that is could be used by firms in two different industries. In Industry 1 the marginal revenue per unit of output is $2.50 and the marginal productivity of resource A is 0.4. In Industry
2 the marginal revenue per unit produced is $5.00 and the marginal productivity of resource A is 0.25.
Which of the following statements is true?
A. The market price for resource A is determined by the marginal revenue product of resource A in
Industry 1.
B. The market price for resource A is determined by the marginal revenue product of resource A in
Industry 2.
C. The market price for resource A is determined by Industry 2 because of its higher marginal revenue per unit produced.
Answer: B
Explanation:
The market price for resource A will be determined by the industry willing to pay the highest price for the resource. Each industry would be willing to pay as much as the marginal revenue product of the resource. The marginal revenue product in Industry 1 is (0.4)($2.50) = $1.00. The marginal revenue product of resource A in Industry 2 is (0.25)($5.00) = $1.25. Therefore the suppliers of resource A will choose to sell their resource to Industry 2 for $1.25.