Answer:
make no changes to the mix of inputs
Explanation:
Since in the question it is mentioned that the labor marginal product is 30 square feet and the capital marginal product is 90 square feet also the labor price is $1,000 and the capital price is $3,000 now to hire the inputs in order to minimize the cost the firm should not do any kind of changes with respect to the input mix
Answer:
True
Explanation:
The Sarbanes Oxley Act (SOX) is a federal law in the United States that applies to listed or public companies i.e. companies whose shares are traded freely on the stock exchange. The law, which was established in 2002 following several corporate scandals, put in place comprehensive financial and auditing regulations for listed companies.
People of a low income/ lower class
PPP is a method of comparing the absolute purchasing power of currencies and, to some extent, the living standards of people in different countries.
<h3 /><h3>What is purchasing power parity?</h3>
Purchasing power parity (PPP) is a method of comparing the absolute purchasing power of currencies and, to some extent, the living standards of people in different countries.
It uses the prices of specific goods to compare the absolute purchasing power of currencies and, to some extent, the living standards of their people.
Therefore the above statement explains the purchasing power parity.
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Answer:
Strategic planning
Explanation:
Strategic planning is a plan carried out at the top echelon of the management of an organisation, it defines the long term vision of an organisation, provides directions and deploy resources required to achieve the long term goals of the organisation.
Strategic planning has to do with defining the strategic business focus of the business, raising the required finance, and ensuring the plans are put into operation by the relevant level of management and it is consistent with the strategic plan.