Answer:
the average cost to reduce
Explanation:
In this situation, when The All-terrain Bike Company increases input (capital and labor) and this causes a proportional increase in output, this scenario The All-terrain Bike Company experiences is called a constant returns to scale which gives rise to decreased average costs.
This happens because buying larger quantity of inputs gives rise to a reduced cost of purchase because these things are being bought in bulk.
Answer:
b, c
<u>Explanation</u>:
Remember, the number of order is quite large over 10 million. Therefore, the best step to carry out is
1. Export in multiple batches: This implies that instead of trying to export the whole batch at once, which might not be possible it is best to export in fewer batches.
2. Use PK Chunking: This method involves the use of an <em>automated system</em> that reduces large orders into smaller chunks.
A vocational school<span>, sometimes called a </span>trade school<span> or </span>vocational<span> college, is a type of educational institution, which, depending on country, may refer to secondary or post-secondary education designed to provide </span>vocational<span> education, or </span>technical <span>skills required to perform the tasks of a particular and specific job</span>
Answer:
a) a monetary unit for measuring and comparing the relative values of goods.
Explanation:
In the case when the economist said that money could be treated as the store of value so this means that it represent one of the functions of money which can be stored and retrieve later onwards
Also it is a monetary unit that could be used for measuring and also compared the goods value
Therefore the option a is correct
