Answer:
If an economy grows at 7% per year, it will take 70 / 7 = 10 years for the size of that economy to double, and so on.
Answer:
Option C.
Explanation:
Social capital is basically the relationships among people who live and work in a particular society, thus allowing that society to function effectively". As such. The value of social capital is determined by the number of the relationships in a social network.
Answer:
c. Conceptual
Explanation:
The skill that best suits the cognitive ability to see the organization as a whole and the relationship between the parties is the conceptual skill.
This is an essential skill for managers who will manage the systems that comprise the organization, because through conceptual skill it is possible to learn through experience, planning, innovation through ideas and solutions, which can help the manager to order the leadership and decision-making process effectively for the company as a whole, in addition to facilitating the process of assertive communication aimed at employee engagement and other variables that promote continuous improvement in the company.
Solution:
Q MC FC VC TC AFC AVC ATC
0 NA 50 0 50 NA NA NA
1 50 50 50 105 50 50 105
2 19 50 64 104 20 32 52
3 85 40 149 189 13.33 49.67 63.00
4 223 40 372 412 10 93 103
TC=FC+VC
FC=40
VC=TC-FC
MC=change in TC
AFC=FC/Q
AVC=VC/0
ATC=TC/0
a) TC when 0=0 = 40 because FC = 40 remains constant and the firm still incurs a total cost equal to its FC when it produces zero output.
b) MC for first unit = 45
c) ATC of 3rd unit = 63
d) AVC for 4th unit = 93
