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Only anwser if you are100% sure 12. Which of the following explains mostclearly

ID: 1230378 • Letter: O

Question

Only anwser if you are100% sure 12.   Which of the following explains mostclearly why business owners have a strong incentive to strive foroperational efficiency? A.   They recognize that operationalefficiency promotes the public interest. B.   As residual claimants, owners willreceive a higher income from increased efficiency. C.   The owners will be able to keepproduction costs low by providing free managerial services to thefirm. D.   The owners will be able to gain bypaying employees below market wages, which will improve the overallefficiency of the economy. Only anwser if you are100% sure 12.   Which of the following explains mostclearly why business owners have a strong incentive to strive foroperational efficiency? 12.   Which of the following explains mostclearly why business owners have a strong incentive to strive foroperational efficiency?

Explanation / Answer

B. As residual claimants , owners will receive a higher income fromincreased efficiency.