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3 years ago

Benefits for hiring more workers in shops than others

1 answer:

4 0

Answer: Improve employee morale and mental health. Bring new ideas to your company. Increase the skill set of your workforce.

hope this helps

plz mark brainleist

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Marketing covers several elements and concepts. At the center of all marketing efforts is:

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Group of answer choices profits

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3 years ago

] A firm is producing 1,000 units at a total cost of $5,000. If it were to increase production to 1,001 units, its total cost wo

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Answer:

The question is not complete, below is an example of the completely stated question:

A firm is producing 1,000 units at a total cost of $5,000. If it were to increase production to 1,001 units, its total cost would rise to $5,008. What does this information tell you about the firm?

a. Marginal cost is $5, and average variable cost is $8.

b. Marginal cost is $8, and average variable cost is $5.

c. Marginal cost is $5, and average total cost is $8.

d. Marginal cost is $8, and average total cost is $5.

Answer:

d. Marginal cost is $8, and average total cost is $5.

Explanation:

Marginal cost of production is the change in cost, arising from the production of an additional unit of output. it is the cost of manufacturing one more unit of product. Mathematically, marginal cost is represented as:

$Marginal\ cost = \frac{change\ in\ cost}{change\ in\ quantity\ produced} \\$

change in cost (ΔC) = C₂ - C₁ = 5,008 - 5,000 = 8

change in quantity produced = Q₂ - Q₁ = 1,001 - 1,000 = 1

$Marginal\ cost = \frac{8}{1} = \$8$

∴Marginal Cost = $8

Average Total Cost (ATC) or average cost or unit cost is the total cost divided by the number of units produced. It is represented as

$ATC =\frac{TC}{Q} \\where\\ATC = Average\ total\ cost\\\TC = Total\ cost\ = \$5,000\\Q = units\ of\ goods\ produced = 1,000\\$

∴ ATC = 5,000 ÷ 1,000 = $5

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3 years ago

Suppose a company makes an investment and opens another factory. In 1 or 2 sentences, explain how this investment directly creat

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When a company makes an incestment by opening a new factory, they need employees for this factory. The company might transfer some employess from previous factories to be the managers, but then they need more employees to do the rest of the work. So they will place help wanted ads to get more employees. This will create more jobs for the unemployed and even for the employed who are looking for a better job.

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4 years ago

Read 2 more answers

Snider Industries sells on terms of 3/10, net 35. Total sales for the year are $910,000. Thirty percent of customers pay on the

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Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

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3 years ago

Public Relations is: a) The most persuasive promotional tool b) Easy to measure the effectiveness of c) The media's portrayal of

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Answer: Public Relations is d) Any activity designed to create and maintain goodwill toward an organization.

Explanation:

The term Public Relation refers to the sharing of business-related information of concerned firms to the public through sources like balance sheet statement release for every financial year. Secondly, through the pubic relation task activities, All the firms publish the facts and figures which linking with sales margin and the list of consumers who have strong liaison with the particular firms.

Public Relations helps firms to earn a good reputation and a good image among the common public by maintaining strong relations with all the firms. The strategy of public relations considered as the vital component to display the useful information of the firms to the public.

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3 years ago

Benefits for hiring more workers in shops than others​

Benefits for hiring more workers in shops than others