Answer:
B
Explanation:
The Consumer Price Index (CPI) measures monthly changes in prices for a range of consumer products
Financial, operational, perimeter, and strategic risks.
Like costs, labor, and weather.
Answer:
The correct answer is: expressed in the prices of a base year.
Explanation:
Real GDP is an inflation-adjusted measure to calculate changes in economic output. It calculates the value of final goods and services produced in an economy in a year expressed in the prices of a base year.
Real GDP does not include changes in the price of products as it is calculated at constant prices.
Nominal GDP, on the other hand, is calculated on the basis of current prices. It includes changes in prices and is not inflation-adjusted. That is why real GDP is preferred over nominal GDP.
Law of diminishing return has a positive relationship with marginal cost
Explanation:
The law of diminishing returns implies that marginal cost will rise as output increases. Eventually, rising marginal cost will lead to a rise in average total cost.
Answer:
supply chain management
Explanation:
Supply chain management -
It refers to the management for the flow of services and goods along with the process that are responsible for the conversion of the raw products to final goods and services , is referred to as the supply chain management .
The process like supplying , designing , production , quality control etc. are all process in supply chain management .
Hence , from the given scenario of the question ,
The correct answer is supply chain management .
