Answer:
okay but I think the answer is A yeah I think but is it's wrong I am terribly sorry but i its right i am happy for you
Due to spirit of reasoning, Renaissance and emphasis on human logic.
<u>Explanation:</u>
- Europe by the mid of 15th century was going major societal and literary transformation. The old decadent thoughts were questioned and emphasis was placed on reasoning and human logic.
This came to be known as the renaissance. Due to social transformation and spirit of enquiry, sailors (mostly from coastal countries such as Spain, Portugal, and later Italy) began venturing into deep seas to explore and discover a new world. Earlier the venture and discovery activity was mostly dominated by Arabs who have been in the sea since the 7th century AD.
These activities were supported by discoveries in art of navigation, production of world maps etc. As a result of these activities, Columbus on his venture to find the shortest route to Indies (currently island of Indonesia famous for species) landed into America thus discovering the whole continent of America.
- What followed the venture was several expeditions to a different part of the worlds.
- The transformation took place in the economic sphere and crude concept of factory originated when workers were made to work away from home at the predesignated site by the landlords. The wheel turned and turned and the whole of Europe in succession witnessed Industrial revolution at the same time the rest world experienced the scourge of colonialization.
- It was the absence of the Industrial revolution in the regions outside Europe that made them fall prey to colonial powers.
The choice of <u>dedicating all the available resources to the production of only bagels</u> presents the lowest opportunity cost.
The expected profit per unit is the only data provided about the production process in the pastry shop. Therefore, those the two figures provided already contain information about the production costs of donuts and bagels, the market prices and the sold quantities, in order to deduce the profit that each product would generate.
In this situation, as the bagels make a higher profit per unit, the best option for the company would be chosing to dedicate all its resources to the production of bagels, because if not, when selling a donut the opportunity cost per unit of product would be 0.25, plus the things that the company will not be able to purchase that would have been possible if they had those extra 0.25 per unit.
Answer:
(C) Expand her current menu to include other products and flavors.
Explanation:
The safer option that would incur lower costs would be for Arlene to expand her store's menu with other products such as water, hot chocolate, and other types of candy. That would be the best alternative because her store already has fixed costs in place, so adding new products would only increase the variable cost and open up new sources of revenue and could be a good source of profit. Conversely, opening new branches, hiring people or advertising would increase costs without opening a new source of revenue.
