Answer:
c) workers specialize in various production tasks.
Explanation:
The division of labor means that people, instead of performing a large number of tasks by themselves, only perform a few, or a single task, for which they specialize.
The division of labor is a characteristic of the modern economy, and without it, the levels of production and technology that we have today would not be possible.
Answer:
Differentiated marketing.
Explanation:
Differentiated marketing also known as multi segment marketing is a form of marketing used by businesses to appeal to two or more market segments.
In differentiated marketing, specific products manufactured by the company and unique marketing methods is assigned to each separate market segment.
Differentiated marketing helps to create a stronger brand loyalty among the customers, it also helps the business in creating a strong leadership status in the market.
Answer:
Say it with me now......
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Answer:
Results are below.
Explanation:
<u>To calculate the variable and fixed costs, we need to use the following formulas:</u>
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Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (1,650 - 300) / (300 - 40)
Variable cost per unit= $5.1923
Fixed costs= Highest activity cost - (Variable cost per unit * HAU)
Fixed costs= 1,650 - (5.1923*300)
Fixed costs= $92.31
Fixed costs= LAC - (Variable cost per unit* LAU)
Fixed costs= 300 - (5.1923*40)
Fixed costs= $92.31
Answer:
Time value of money
Explanation:
This principle states that money is more valuable at the moment or present than same amount of money in the future due its potential for increase in profit. A person or an investor that wants to make a return or gain will prefer to have the money now than have the same amount of money in the future. This is due to the potential of the money to increase in terms of earning capacity.