Explanation:
Explanation: The formula is ATC = AFC + AVC. Use this formula. It will be useful for you
Answer:
What to include in an executive summary
your mission statement.company information and management team.growth highlights.products/services.financial information.The market and your customer.market opportunity.marketing and sales.
When the rate of inflation rises, people generally pay more for most products
It is TRUE that the basic idea dealing with how a business meets its customers' needs, the functions and operations that it organizes, and the finances is mostly captured in its business model.
- Basically, a business model is a profit-making plan. It expresses the products and services that a business has devised to meet customers' needs, using the bases of a given target market and expected costs.
- Differing components have been identified by various researches that form a business model. There is no general agreement as to what the components should be.
- However, the focus of a business model is on customers, infrastructure, and capturing value from business activities. These activities consume resources, which is at the center of the relationship between customers and value creation.
Thus, a business model is an important idea or plan that must be created at the beginning of a business to make it a value-creating venture.
Read more about an example of a business model at brainly.com/question/1171429
