Because the additional output is produced with an increasing input in the production signals an example of <u>diminishing returns</u> to specialization.
<h3>What is a
diminishing returns?</h3>
A diminishing returns to specialization is known to occurs if more units of resources are required to produce each additional unit.
In conclusion, the additional output which is produced with an increasing input in the production is an example of <u>diminishing returns</u> to specialization.
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Answer: Points of indifference
Explanation: Point of indifference can be defined as that level of EBIT at which two alternative financial plans have same amount of net income. It is used by managers as an evaluating tool, when it comes to choose between two cost structures which are alternative of one other.
In the given case, the company must have build point of indifference before launching of new product, and must have expected higher profits than normal beer.
Answer:
d. The cost of the parking permit is part of the opportunity cost of attending college if you would not have to pay for parking otherwise.
Explanation:
Opportunity cost is a microeconomic concept used to describe how much an economic agent fails to earn in one economic activity by employing money in another economic activity. Thus, all expenses that a student performs to study at the university, including tuition, gasoline, parking, material, and time spent on the activity, is considered an opportunity cost, since all of this could be spent on another activity.
Answer:
Yes
Explanation:
Maria is giving a non-verbal message for his possible selection for the job by allowing him a tour of the facility and taking a detailed interview.