<u>Answer:</u>
The correct answer for this is 'non price competition'.
<u>Explanation:</u>
When a real estate agent says the three most important factors when buying a property are “location, location, location,” the agent is referring to one of the forms of non price competition.
Non-price competition is a type of competition where two or more than two producers use factors like customer service, packaging or delivery rather than the price to increase the demand of the product or service.
Here, location is used as a non-price competition to increase the demand.
As the production volume doubles, the labour hours required decrease by a constant proportion. This is known as leaning curve.
<h3>What is
leaning curve?</h3>
A learning curve graph demonstrates how quickly something may be learned over time or with practice. Learning curves are a visual representation of how much knowledge has been acquired over time and how challenging a subject is expected to be.
The cumulative average time needed for each unit decreases to 70% of what it was previously. The first unit ever produced is used to calculate the cumulative average time per unit.
Thus, it is leaning curve.
For more details about leaning curve, click here:
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Hi,
Below are two methods of removing excess fat from food after frying:
Bread topping:
Place a layer of bread pieces over the whole surface of dish in which fried food is to be transferred. Let the food stay there for few minutes. After this time, discard the bread pieces and the food will have minimum surface fats. This is because bread pieces soak up the fats and oils from the food surface.
Dish cooling:
Another method of eliminating fats is to cool down the food you have fried in fridge for some time. When the food will be cooled the layer of fats and oils will be deposited over food in solid form. After removing from the fridge you can remove the solid layer with some tool like spoon back and the again reheat. This process is a little time consuming but a great way to eliminate extra fats from food.
Hope it help!
Answer:
.B) limited resources to satisfy virtually unlimited wants.
Explanation:
The resources at our disposal is limited while our wants are unlimited.
For example, the money in my account (resources) is not enough to buy All The things I would like to have (wants).
I hope my answer helps you
Answer:
Backward vertical integration
Explanation:
In the backward vertical integration, the company acquires the company or step in the manufacturing of the supplier product or acquiring companies that bring it more nearer to the orignal supplier. The company remains within the same industry and moves towards supplier. In this case the company has acquired its supplier factories which shows moving investment in the backward direction which leads to suppliers and vertical means in the same industry. So the company is engaged in backward vertical integration.