Answer:
$20
Explanation:
The price of food per unit can be calculated as follows
50×25
= 1250
25×10
= 250
1250/250
= 5
Hence the price per unit of food is
= 25-5
= $20
Therefore the price of food per unit is $20
A.) raise. it will raise the cost because they have to make a profit
Good customer service means having thorough knowledge and having a positive attitude.
Freedom of ownership is part of the government and the public sector business environment.
<u>Explanation:</u>
Freedom of ownership or a sharing vision offers a number of opportunities in the business environment. It allows the government to control the costs, generate the economies of scale and bargain costs down internally.
The freedom of ownership permits access to complex, specialized skills that can not be sourced locally. So this allows the government sector or the public sector environment to run the business successfully and to run it efficiently.
Answer:
False
Explanation:
In a command or planned economy, the factors of production are owned and controlled by the government. The government makes all the significant economic decisions such as production, distribution, and pricing.
The government prepares a central plan for the entire economy. The plan determines the production level, the goods and services to be produced, and their prices. The central government employs all workers. The private sector does not exist.