Answer:
Explanation:
When there are two factors used in producing a good, the least-cost rule specifies that costs have been minimized when the MPP of the first factor divided by its price is equal to the MPP of the second factor divided by its price.
The least cost rule evaluated two factors of production. Let's say labor and capital. production at least cost has the requirements that labor’s marginal product divided by its price is equal to capital’s marginal product divided by its price.
Answer: C. Motivating a new customer service employee at Aflac Insurance with a work-from-home day if performance targets are met
Explanation: The question required one to match the examples to the correct element according to the framework of the book.
According to the book, individual do what they do "Motivating a new customer service employee at Aflac Insurance with a work-from-home day if performance targets are met" .
The true sentence about the debit cards is that they <span>allow to draw funds directly from the bank account - that is, they provide money that is already in the account.
In comparison, credit cards take money from a credit, that is, a loan, which has the be re-paid.
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Answer:
The correct answer is letter "D": implementing product ideas
Explanation:
The new product development has seven steps which are: <em>Idea Generation, Idea Screening, Concept Development and Testing, Market Strategy Development, Business Analysis, Product Development, Marketing Testing, </em>and <em>Commercialization</em>.
Phase I of this approach only comprehends the conceptualization of the product that is intended to be provided, thus <em>the implementation of product ideas does not belong to this stage</em>.
