For whom resources are allocated to increase efficiency. economics can as well be described as the production, distribution and consumption of goods and services. scarce resources that have alternative uses
Answer:
The two factors that affect the organization of businesses functional activities are ;
Strategy
Technology
Environment
Explanation:
Strategy determines the approach or the course of action to direct the activities of the organization of businesses. Strategy is the innovation room where new approach to solving a problem is discovered and implemented.
Technology; the technology for manufacturing goods and services affect the organization of business functional activities.
Answer:
The correct answer is it becomes variable cost.
Explanation:
In the short run there are fixed costs and variable costs which sum up the total costs incurred. This is because in short run not all factors are variable, some factors are fixed as well. So, expenses on fixed factors come under fixed and those on variable factors come under variable costs.
In the long run though, all the factors are variable. All factors can be changed. So there are no fixed costs in the long run run. All the costs incurred on all factors become variable costs.
