Answer:
(1) introduction
Explanation:
Pioneering advertising creates consumers awareness about the availability of a totally new product as well as explaining its use.
Answer:
If output doubles when inputs double, the production function will be characterized by a <u>constant returns to scale</u>.
Explanation:
In economics, returns to scale refers to a long run situation that reveals to the proportionate change in output when capital and labor inputs become variable or change.
The three possible types of returns to scale are as follows:
1. Increasing returns to scale: This occurs when the proportionate change in output is greater than the proportionate change in capital and labor inputs.
2. Decreasing returns to scale: This occurs when the proportionate change in output is less than the proportionate change in capital and labor inputs.
3. Constant returns to scale: This occurs when the proportionate change in output is the same as the proportionate change in capital and labor inputs.
Based on the above explanation therefore, if output doubles when inputs double, the production function will be characterized by a <u>constant returns to scale</u>. This is because the the proportionate change (double) in output is the sames as the proportionate change (double) in inputs.
As a result of the discontinued operations loss, net of tax, the earnings per share would decrease by $2.24.
<u>Explanation:</u>
Change in EPS
= $1120000 ÷ 500000 outstanding shares
= $2.24.
<span>One is through innovation. New innovation meant new
jobs for the nation. One example is Bheki Kunene, a young entrepreneur of South
Africa. At age 27, he founded Mind Trix Media providing jobs and a profit. Next
is it improves economy by being able to partner with big companies in the other
countries.</span>
There are three main credit bureaus (also known as credit reporting agencies) servicing the United States: Trans Union, Equifax and Experian. Each bureau is independent and a competitor of each other. Because of this there could be differences between the reports of the three credit bureaus.