Answer:
D) sales would be low, profits non-existent, and he would attract golf equipment innovators.
Explanation:
Generally during the introductory stage of a product or service;
- the sales are usually low since not a lot of customers know or trust you product or service,
- due to low sales and high costs, profits are usually very small or non-existent,
- many times innovators are the first ones to try your product, specially in a very conservative market, like golf equipment and related products.
The answer is B )True
I mean it’s personal so it belongs to you so yeah
Answer:
$20
Explanation:
Marginal cost is the extra cost incurred in order to produce and additional unit of a product.
Marginal product is an additional unit obtained from an extra unit of input.
From the question;
Variable cost per unit of labor = Marginal cost of labor = $20
Marginal product of labor = $2
Therefore, the marginal cost of production when the firm hires 5 workers is variable cost per unit of labor which is $20.
Answer:
japan
Explanation:
(according to a "world's top exports" article.
