The average cost tells a firm whether it can earn profits given the price market. The average cost will allow a firm to see what their cost of inventory is and compare it to similar goods within their inventory and on the market. This will also enable them to set a product price to be sold to a customer and make a profit.
Answer: D: The telegraph
Explanation:
The telegraph, though it definitely added to the possibilities for economic growth, did not lead to as many immediate applications to industrialization as the other three choices.
Answer:
c
Explanation:
collaborate with coworkers to solve a technical problem that's definitely teamwork
Answer:
c. 3/5
Explanation:
Note: <em>Options to this question is attached as picture below</em>
Real exchange rate is given as: Nominal Exchange rate * Price of domestic good/Price of foreign good
1.5 = Nominal Exchange rate * 50/20
Nominal Exchange rate = 1.5 * 20/50
Nominal Exchange rate = 30/50
Nominal Exchange rate = 3/5
Answer:
Commerce.
Explanation:
It is concerned with distribution, exchange of goods and services and all activities which facilitates trade