Its B. or C.
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Answer:
by improving quality of its products or services are as follows: ... So this budget can be reduced due to improving quality of goods.
Explanation:
Production involves all activities that consist of the output of goods and services demanded by people for which they pay the cost.
A company can achieve lower production costs and increase productivity by improving quality of its products or services so that budget can be reduced by correcting any quality issue in the product or service which can be expensive, but less than external failures
Also, production equipment efficiency can be increased if preventive maintenance can be followed as it helps to reduce operating costs per unit.
Answer:
<h2>The United States has the comparative advantage in car production.</h2>
Explanation:
- Japan has a lower opportunity cost of producing televisions compared to cars, implying that Japan basically has to give up or sacrifice or trade off relatively less number of cars to produce one more television compared to the production of one more car.
- Alternatively, US has a lower opportunity cost of producing cars relative to televisions meaning that US has to give up, sacrifice or trade off less number of televisions to manufacture one more car in comparison to the production of one more television.
- Hence, in this case,US has a comparative advantage in the production of cars and Japan has a comparative advantage in production of television and both countries can produce these respective commodities by using relatively less productive resources or factor inputs.
Answer:
Product Mix
Explanation:
Product Mix is defined as the combination of products produced to increase the market share of the company and ultimately the profits for a company. The Procter and Gamble (P&G) Company produces many different products including deodorants, cookies, shampoo, cake mix, disposable diapers, laundry detergents, bar soaps and many other types of products to increase the market share of the company.
