Intersect. On a graph that is where they intersect.
Answer:
The correct answer is option d.
Explanation:
The fixed costs incurred in the production process of a good or service is the cost incurred on the fixed factors. These factors cannot be varied in the short run.
Fixed cost does not depend on the level of output. It does not change with the change in the volume of output.
In the given example, the cost incurred on the composition typesetting and jacket design for the book does not change with the volume of output. So these costs are the foxed cost involved in publishing a book.
Answer:
Sam's producer surplus is $3
Explanation:
A producer surplus is the difference between the amount a producer is willing to sell a product for and the price of the product in the market that consumers are willing to pay if the consumer price is higher.
Mathematically, it is represented as; market price - willing price
= 18 - 15 = $3.
Answer: The important thing is to listen and try to offer solutions.
Explanation: The client who shows concern is looking for results, for solutions, and that is what you have to offer. In my case, when a client communicates his concern to me, I first let him express himself and let him know what causes him concern. After the client has expressed his concern, my focus is on finding a solution. I analyze all the aspects and try to finalize the attention to my client with ideas to work the problem.
