Answer:
The answer is option A)
In order to continue operating, in the long-run a firm must A) Charge a price equal to its AVC
Explanation:
In order to continue operating, in the long-run a firm must charge a price equal to its Average Variable cost AVC.
This is because, a long run is a period of time in which all factors of production and costs are variable.
Over the long run, a firm will search for the production technology that allows it to produce the desired level of output at the lowest cost. If a company is not producing at its lowest cost possible, it may lose market share to competitors that are able to produce and sell at minimum cost.
The process of dividing work activities into separate job tasks is known as division of labor.
The separation of tasks inside any economic system or organization is known as the division of labor, allowing members to specialize
People, groups, and nations are given or learn to acquire specialized talents, and they either join forces or trade to benefit from the additional powers of others.
Equipment, natural resources, talents, and training are all examples of specialized capabilities, and it's frequently crucial to have a combination of these assets working together.
For instance, a person can specialize by getting the right equipment and learning how to use it, just as a company might specialize by getting specialized machinery and employing or training expert personnel.
The basis for commerce and the origin of economic interdependence is the division of labor.
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Answer:
opening message: "Thank you for all your hard work and dedication with your position. "
Explanation:
employers dont desire a "high- turnover" rate with employees. especially people who do the job well after so many years. they want dependable staff that are knowledgeable in their department. Insults get an employer nowhere. a company spends valuable funds training new employees.
employees that quit after on the job training, costs a company more $ in profit funds then any other department.
Answer:
The marginal cost is $200 that she needs to complete the task.
Explanation:
Giving the following information:
Cassie has just spent $800 purchasing, cleaning, and reconstructing an antique quilt which she expects to sell for $1,500 once she is finished. After having spent $800, Cassie discovers that she would need some special period fabric that would cost her $200 in material and time to complete the task. Alternatively, she can sell the quilt "as is" now for $900.
The $800 is a sunk cost. Now we need to determine the marginal cost. The marginal cost is $200 that she needs to complete the task.
Answer:
A) Product Differentiation
Explanation:
Product differentiation is referred as a strategy which companies or firms use to showcase the abilities which their products have and the competing product does not have. Some go as far as displaying an added advantage which their products have. Forms which this strategy can take may be through price of the product, reliability of the product or location of the product.
