When you have to give up one thing in order to get another this is called a <u>Tradeoff</u>.
<h3>Why do we have tradeoffs?</h3>
- As a result of scarcity, the resources available to us are not enough for all our needs and wants.
- We are forced to choose between needs and wants that will be satisfied.
Tradeoffs therefore lead to opportunity costs because we would be giving up the benefits of the alternative to the option we chose.
Find out more on tradeoffs at brainly.com/question/7072776.
Answer:
Letter a is correct. <u><em>Descentralized control</em></u>.
Explanation:
A company that has decentralized control has a more flexible hierarchy, where all employees are motivated to contribute ideas and opinions and participate in the decision making process.
Decentralized management is common in large companies, such as Google and Dell, which ensures greater autonomy and freedom of action for employees.
The biggest benefits seen by decentralization are the flexibility to adapt to market changes, the speed of decision making that prevents opportunity costs, and the sense of motivation and value creation between employee and organization.
<span>The product price and the average total cost determines the profit. If a company is charging a higher price than the per-unit cost, then they are earning a profit on that item. If they increase the price with everything else remaining constant, their profit increases. The opposite happens when they lower the price, all else held constant.</span>
<span>Larger vehicles tend to have longer stopping distances than other vehicles because they weigh more. Vehicles that way more take more time to slow down when traveling at the same speed as a vehicle that weighs less. For this reason, they take more time to slow down and need a larger stopping distance. </span>
