Can you give an example of cost-savings?

Q: 9. The cost of one thing in terms of the alternative given up is called A. O Real cost B. O…

A: The cost of one thing in terms of the alternative given up is known to be as the Option(d) is…

Q: What are the positive and negative effect of economic factors to the operation system?

A: An economic factor is anything that might potentially change or affect a person's financial…

Q: Monica has spent $30 000 purchasing and repairing an old cabin, which she expects to sell for $40…

A: Monica purchased an old cabin for $30,000 She discovered that an additional repair of worth $20,000…

Q: What is the Benefit-Cost Analysis?

A: A Benefit-cost analysis which is also known as a cost-benefit analysis is used to predict the costs…

Q: Explain all resources that economic relies on.

A: In economics, resources refer to the items that provide benefits to the people directly or…

Q: What do the Raw-mat materials inventory represent?

A: Inventory of raw materials is the overall cost of all component parts currently in storage which…

Q: Rail freight carloads and intermodal container traffic and changes are a telltale of supply chain…

A: Answer -

Q: what is entrepreneur? in your own words essay

A:

Q: Q What is the relationship between AVC and ATC? Why? Relationship They intersect Reason:

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: Applying the concept of marginal costs, how would you, as a business owner, decide how much to…

A: There are basically two types of costs- fixed costs and variable costs. The variable cost refers to…

Q: What is a disadvantage to having a Command economy?

A: A command economy is an economic system where the government determines all economic decisions like…

Q: Classify the Costs for Manufacturing Environments?

A: The classification cost for manufacturing environments is categorized with respect to nature is…

Q: What type of cost arises from making decisions? a. opportunity b. total с. fixed d. marginal e.…

A: In economics, decision making is the process which includes the decision of a rational individual in…

Q: If a person owns a house that is worth 450,000 in city A, what would the same house cost in city E…

A:

Q: Give 10 examples of production (manufacturing costs)

A: Manufacturing costs are the costs that are incurred during the production process of a particular…

Q: How do I solve the following problem?

A: We will use profit maximisation techniques to solve this question.

Q: How low must the fixed cost be to break even?

A: Break-Even Point (sales dollars) = Fixed Costs ÷ Contribution Margin Contribution Margin = Price of…

Q: opportunity cost a

A: The value of next best alternative forgone depicts the opportunity cost (OC). It helps to take…

Q: f the marginal rate of outcome. optimal point in d), your n why the impact of this cha n historical…

A: *Answer:  *D The microeconomic theory of utility maximisation can also be applied in determination…

Q: Suppose you are Marketing Manager of a Football making company. What Macro Environmental factors…

A: Macro Environmental factors are uncontrollable external forces that impacts decision making of a…

Q: AVC AFC Quantity

A:

Q: What department of Philippines' executives should be given a lion's share in budget? State also the…

A: President Rodrigo Duterte's government in under the P4.506 trillion national budget for 2021 gave…

Q: what is cost

A: Factors of production is consists of land, labor and technology.

Q: The ciange in revenueleamed by the business as it employees an additional nit of an input holding…

A: In the production process, inputs are used to produce the final output. There are different inputs…

Q: Hello, I have a question regarding the microeconomics course: "what are the opportunity costs…

A: Opportunity cost is generally the value of the next best alternative foregone while making a…

Q: I what are the factors of production

A: Meaning of Production Function: The term production function refers to the situation under which a…

Q: As a farmer, you must decide how many times during the year you will plant a new crop. Also, you…

A: The law of diminishing marginal returns states that the total output will increase with the increase…

Q: You are an Uber driver in Washington D.C. who earns $70 for a day's work. You have been offered a…

A: Consumer surplus refers to an economic measurement of consumer benefit. It is the difference between…

Q: What is the profit potential?

A: Profit potential is the difference between the expected revenue and the overall cost of the product.…

Q: who is responsible for executing the budgetand plansdrawn up for a firm

A: In corporate enterprises, budgeting is a collaborative endeavour involving individuals from all…

Q: TR

A: The expenses occurred during the output production depicts the total cost (TC). The revenue occurred…

Q: What are transaction costs?

A: The cost incurred on the buying or selling of a good or service is referred to as transaction cost.

Q: In your own words, Explain what is BJMP. Write in 200 words.

A: BJMP is known as Bureau of Jail Management and Penology which is a Department of the Interior and…

Q: nanufacturer of hospital supplies has a uniform annual demand for 180,000 boxes of bandages. It…

A: Supply and demand represent the working of a market and the cooperation among providers and…

Q: The first step to take when you consider making a major purchase is to decide (a) whether you need…

A: The purchasing decision mechanism refers to how customers make decisions about retail purchases…

Q: State the law if Diminishing Returns

A: A consumer's increased enjoyment from having one more unit of an item or service is referred to as…

Q: Discuss the principles of individual decision making with examples

A: People continuously make decisions. Their behavior determines the behavior of the economy as the…

Q: How TR calculated

A: TR means the total revenue.