<u>Joshua is right because fixed costs are unavoidable but marginal costs are not.</u>
<u>Explanation</u>:
Decision making plays an important role while considering the development of the organization. The officials in the company should act smartly in making decisions during crucial situation.
<u>Marginal cost </u>is the cost added to the total cost while producing additional units. <u>Fixed cost </u>is the cost of the product that does not change with the increase or decrease in the quantity of the products.
In the above scenario, Jasmine and Joshua were discussing about the cost of the products that are produced in their manufacturing plants. They were discussing about the marginal cost and fixed cost.
For much of the twentieth century, east Asia was dominated economically and politically by Japan.
<h3>How to illustrate the information?</h3>
It should be noted that East Asia was developed based on the successful market economy and private investment.
In the 20the century, there were domestic instability as well as revolution.
Therefore, For much of the twentieth century, east asia was dominated economically and politically by Japan. This is quite different nowadays as China is a leading power.
Learn more about Asia on:
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They may make you tired.. so you would need to know that.
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