Answer: C. marginal product of the last worker hired is less than the marginal product of the previous worker hired
This statement is correct because marginal product refers to the increase in the production, when 1 worker is added to the production process. Diminishing marginal returns set in when adding one extra worker increases the production less than the previous worker did.
Explanation:
Answer:
The right option is (a)
Explanation:
Experimental research is a technique that helps to analyse the initial consumer response before officially launching the project. Kraft has launched an experimental research in California market to test their product and to analyse if the serving was acceptable with the new product. Experimental research generally helps to determine the flaws and loopholes in a product.
To answer the question above if a personal balance sheet is a report to your income and expenses. the answer is letter A, True. Balance sheet as a whole is a statement of the assets and liabilities, it details the income and expenditure over a preceding period of time.
Answer:
<u><em>The corrects answer is:</em></u> A toothpaste manufacturer adds a new line of toothpaste (that contains baking soda) to its product line.
Explanation:
Cannibalization is a market strategy that can occur without the company's intention, and can be defined as when a company replaces a product on the market with a similar new product, as in the example above, when a toothpaste manufacturer adds a new one line of toothpaste (containing sodium bicarbonate) to its product line.
This strategy can be detrimental to the company, since there may be less sales of an existing product for a similar product, which consequently generated higher production costs for the organization, therefore it would not be characterized as gains for the company, but as losses , as this strategy would not increase the company's market share, but a detriment of one product by another.
Therefore, it is necessary that there is constant monitoring of each product in the company so that cannibalization does not occur and each product contributes to the company's profitability individually.
The call for max performance which may be completed simplest if the entirety operates flawlessly is called: Ideal standards
Ideal standards are those benchmarks that are set assuming perfect working situations and without accounting for any opportunity of wastages or inefficiencies. sensible standards are those benchmarks that are set assuming normal operating situations after factoring in anticipated wastages/reasonable working efficiency.
Perfect general lavatory products are recognized for being accurate and first-rate. Ideal standards have been manufacturing bathrooms in the UK for over one hundred years and provide a manufacturer's warranty on all their products, which is between one and 25 years, depending on what you purchase from their variety.
Ideal popular is the world-renowned chief in lavatory design. They had been an incredible call in lavatories for over one hundred years. With perfect fashionable bathrooms, you are getting great fashion.
Learn more about Ideal standards here: brainly.com/question/19169731
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