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quester [9]
3 years ago
14

Please help me!! What is a good?

Business
2 answers:
suter [353]3 years ago
8 0

goods are materials that satisfy human wants and provide utility, for example, to a consumer making a purchase of a satisfying product, such as milk or bread, common things, and even clothes and furniture are goods

hammer [34]3 years ago
5 0

to be desired or approved of


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Definition of consumer is a person who purchases goods and services for personal use.

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bixtya [17]

Answer:

B. It depends on the marginal cost of serving more clients and the marginal revenue he will earn from serving more clients.

Explanation:

As the barber is currently cutting hair for 50 clients per week and earns a profit. He is now considering expanding his operation in order to serve more clients. He should expand his business by considering the marginal cost of serving more clients and the marginal revenue he will earn from serving more clients. Marginal revenue and marginal cost has much importance here in order to make the decision. Marginal revenue is the profit which is obtained by selling one extra unit, here serving one more additional customer, whereas, the marginal cost is selling that one extra or additional unit/serving the customer. In this particular case, if the marginal revenues are greater than the marginal costs then he should definitely expand his operations, which means that move will bring more profits to his business.

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3 years ago
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jolli1 [7]
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This could be done through various performance evaluation such as minimizing human error by obligating your employee to follow a certain system/guideline.</span>
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Scorpion4ik [409]

The correct answer to this open question is the following.

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