Bigger and larger reductions in the production of one thing are necessary to increase the production of another good. The frontier of the production potential will bow outward.
<h3>What is production?</h3>
Producing goods and services to meet consumer demands is known as production. The method yields the final product. Land, capital, labour, and organisation make up the four components of production.
The production of automobiles is an illustration of production. Parts are put together to create cars. For instance, metal bodywork are given rubber tyres so that seats can be placed before the car rolls off the assembly line.
One of the most crucial steps in the manufacturing process, production is fundamental to what it means to be a manufacturer.
To learn more about production from the given link:
brainly.com/question/13117735
#SPJ4
Answer:
The answer is: E) set up a line of credit with a bank that offers a revolving credit agreement.
Explanation:
A revolving credit is a credit line where the bank charges a business a commitment fee and allows the business to borrow money and use it only when they need the funds. This type of credit line lets the business decide when to use the money according to their cash flow needs.
Answer:
Ttechnical assistants are junior-level administrative employees who report directly to the company manager or team leader. Their role is to provide both administrative and technical support for business clients or the internal team. Technical assistants work in a variety of fields including healthcare, computer science, manufacturing, and bankingg.
Explanation:
Answer: Option E -- 54.39years old
Explanation:
Compound interest is calculated using compound interest formula. Using compound interest formula, which is A = P(1+(r/n)) ^nt
Where A= Final Amount
P = Initial Principal Amount
r = Interest Rate
n = number of times interest applied per time period
t = number of times period elapsed
You/I would be 54.39years old when you/I retired. Which is Option E
Answer:
Responsiveness
Explanation:
Segmentatiom is the process by which a business targets a group of customers based on shared characteristics which may include education, income, age, race, location, and so on.
Responsiveness is the stage of segmentatiom where the appeal of the product to customers are tested. It is a very important stage. If customers don't respond positively to a product the aim of targeting them is defeated.
Sunrise foods used surveys and blind taste tests to guage the responsiveness of the segment to the new line of meatless breakfast sandwiches. The result was a favourable reaction from the segment to the new product offering.
