Answer:
A
Explanation:
The marginal benefit of a production activity is the change in total benefit as a result of increasing quantity produced by one unit
Marginal cost is the change in total cost as a result of increasing the quantity produced by one unit.
An activity should be undertaken if the marginal cost is less than the marginal benefit. It means that the activity is profitable.
Here the marginal benefit = 400,000 x 4 = 2,000,000
the marginal benefit is greater than the marginal cost. Thus, the new salon can be established
Answer:
Ability to work well with a project team
Explanation:
Answer:
Batch type of Production
Explanation:
It is one of the types of production most commonly used in consumer durables, FMCG or other such industries where there are large variety of products with variable demands. Since there is an unexpected high demand for product, the production manager can give order for production of more units of products.
The export of crops from the New World to the Old World transformed European society mainly by improving the diets of the population, which consequently increased population growth.
<h3 /><h3>How did the colonization of the new world benefit Europe?</h3>
The discovery of America by European explorers made the place known as the New World, due to the fact that there were lands and riches that were used by Europeans for the crops and exploitation of precious metals for the enrichment of the European metropolis.
Therefore, the colonization of the New World made Europe rich through the exploitation of the resources of the conquered lands, increasing the supply of raw materials and reducing the scarcity of society.
Find out more about colonization here:
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Answer:
Decision-making models can help you create successful solutions even with limitations like short time or little information. It's useful to understand the details of various decision-making models when trying to choose the best one for your team and situation.So,we need to use a structured decision making model to make decisions in business.
