Answer:
No, because the second method has lower total costs of production.
Explanation:
In a bid to make profits businesses must always compare different processes and choose the cheapest one.
This will eventually reflect in the profitability of the business.
In this instance let's get the cost of each process.
Fabric costs $110 a bolt and labor costs $20 an hour.
The first dress maker can sew 400 garments with 100 bolts of fabric and 1,500 hours of labour
Total cost = (100 bolts * 110) + (1500 * 20)
Total cost = $41,000
For the second dress maker he can sew 400 garments with 150 bolts of fabric and 1,000 hours of identical labour
Total cost = (150 *110) + (1000 * 20)
Total cost = $36,500
As can be seen the second dressmaker has a lower cost of production so he is more efficient than the first dress maker
Depending on how much time you have, I would choose the pool because I am not a fan of shopping in supermarkets they make me feel sick sometimes so pool is better to me
Market economy is the economic system which private businesses can operate freely with minimal state control
<span>The criteria for white-collar crime can include offense elements criminology. To take offense to something is being resentful about an insult or disregard for one's standards, values, principles. In this statement, they are saying that white-collar (the rich) crime typically stems from offensive language or happenings. </span>
It works best for NEW PRODUCTS as its main goal is to make money and get as much profit as possible when the pricing is highest.
Found from: Conjointly.com
