Answer:
<em>a. law of increasing relative cost</em>
Explanation:
In economics, the law of increasing costs <em>is a theory which states that once all production factors (land, labour, capital) are at maximum output, it will cost more than average to produce.</em>
As production increases, the opportunity cost will also increase.
In such a nut-shell, markets and countries are trying to strike a balance on how to handle resources whilst using the goods to achieve the best possible productivity and revenue.
<span>Recently, alienation levels have soared among ... poorer classes... who failed to finish high school.
The widening income gap in the United States is putting pressure on the economy in more ways than one. A huge stressor being that the schooling process is making it harder for lower income groups to compete for jobs in the market. This starts with schools in poorer districts that have higher rates of failing and high turnover in teaching. Kids stuck in these areas are immediately subjected to a much lower success rate of getting into college or simply learning technical skills for the service industry.</span>
I believe that the correct answer is A
Answer:
D. means that the natural variation of the process must be small enough to produce products that meet the standard.
Explanation:
The concept of process capability is a measurement used for monitoring of the production quality as well as reduction of waste. Both these aspects that is production quality and waste reduction are of prime importance in today's competitive business world. Process capability simply represents the capability of a process to produce goods within the specified acceptable range.
