Answer:
$2,000,000
Explanation:
current awareness of Digby's Don = 72%
next year it will decrease to 72% - 1/3 = 48% if the firm does nothing
- first $1,000,000 adds 22% awareness ⇒ total awareness = 48% + 22% = 70%
- second $1,000,000 adds 23% awareness ⇒ total awareness = 70% + 23% = 93%
- third $1,000,000 adds 5% awareness ⇒ total awareness = 93% + 5% = 98%
Don's competition, Axe, has an awareness level of 77% and it should remain the same next year. So, Digby as to spend at least $2,000,000 to earn more awareness than Axe. Don's awareness level will be 93%.
The opportunity cost of 1 desktop computer is 1/2 of a laptop. The opportunity cost is the amount of time and money spent learning value that could have been used elsewhere.
A farmer decides to plant wheat; the opportunity cost is the value of planting a different crop or using the resources in another way (land and farm equipment). Instead of driving to work, a commuter takes the train.
When considering multiple investments or business avenues, opportunity cost is the potential gain lost by choosing a different course of action. The value of what you lose when you choose between two or more alternatives is known as opportunity cost.
To learn more about opportunity cost, click here.
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Answer:
not until the early 19th century were a few countries able to establish sustained long-run economic growth.
Explanation:
Industrial revolution (industrialization) can be defined as a period of significant change in economic and social manufacturing process characterized by the use of handicrafts and agrarian methods to the use of power-driven equipments and machines. Basically, the industrial revolution began in Great Britain (England) between 1760 to 1840 and eventually spread across other countries of the world.
Prior to industrialization, humans and animals were largely used as a means to generate power, execute tasks or do certain things during the production and distribution process.
However, in the advent of industrialization and technological advancement, machines were invented to replace human and animal power.
Some examples of such inanimate sources are Steam plants, Nuclear plants, Wind etc.
In human history, we know that not until the early 19th century were a few countries able to establish sustained long-run economic growth.
Answer:
The best allocation base for assembling activities costs are the number of parts actually assembled.
Since the number of parts is not an option int his question, the second best allocation base for the assembling process is A) direct labor hours.
If the process is highly automated, then the second best allocation base would be machine hours, but that isn't an option either.
<span>It is not important to always have a health insurance or to be employed in order to see the doctor.
There are many free clinics and Medicaids in many different cities and states, which could help people to avail medical treatment at considerably cheaper prices.
In case, the person is unemployed, they can also avail food stamps for a period of time from the clinics after completing the necessary formalities.
The Free clinics and Medicaids can be searched for on the websites and an online appointment can also be booked.</span>
