Unclear question. I provided some information on national income statistics.
<u>Explanation:</u>
The national income statistics is an economic indicator that tells us the value of goods and services (as in this case in billion of dollars) produced by a country's economy.
Information about the national income statistics of a country is usually published by the World Bank; an internal financial institution.
Answer:
A. Output is being produced at minimum cost- is correct
Explanation:
When an isocost line is tangent to an isoquant cost is being minimized
Answer:
True
Explanation:
A capital budgeting decision refers to how a business decides to invest money it already holds. Businesses decide how to invest their current assets anticipating the potential future revenues that those investments will yield.
In this case, BP is investing $500 with the University of California-Berkeley probably as an sponsor of research projects (as part of R&D). Any potentially revenue generating project should then be shared by both the university and BP.
The importance of marketing for the agricultural and food sectors in developing countries is to generate greater productivity and positioning in the domestic and global market.
<h3 /><h3>How important is marketing in agriculture?</h3>
In developing countries, agriculture continues to be one of the primary economic activities, for this reason, the greater the marketing for agriculture, the greater the promotion of the sector in the country and in the global market, increasing productivity, negotiations and international transactions.
Marketing is a set of techniques and actions capable of generating awareness about a brand, generating promotion and creating value for a sector or a brand, attracting consumers and competitiveness.
Therefore, agriculture in developed countries depends on marketing to develop more and more, become productive and valued by stakeholders.
Find out more about marketing here:
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