Answer:
B. The average is increasing.
Explanation:
Average variables: It is the average change in the input units of production. It is calculated by dividing total amount of changes by total number of unit changed.
Marginal variables: It is change of one unit of input, which cause changes in total units of production. As the marginal variable changes, the average variable also changes as there is changes in total unit of productions.
Hence, if the marginal is greater than the average, the average is increasing.
Answer:
$4,000
Explanation:
Each additional labor can produce 4 computers and each computer is sold for $1,000. This mean that the value of the marginal product of labor is $4,000 (1,000*4). At equilibrium, the value of marginal product of labor equals the wage rate. Therefore, the marginal factor cost is $4,000.
Answer: Honesty , relationship building skill and social media savvy
Explanation: other important competence requirements include; knowledge and research, multi tasking,attention to details, adaptation to change, strategic thinking, writing well, presentation skill and international mind set.
This above mention skills and requirements are important in considering a candidate for a public relationship and social media officer for Pizza Hut working under Chris Fuller.
Answer:
Mission.
Explanation:
Considering the stakeholders' perspectives is a significant step or approach to be adopted by business firms when developing a mission statement. It requires that you think about who is affected by your organization and how they might measure your success.
Generally, when the top executives or management are developing a mission statement, decisions, and goals, it is very essential and important that they ensure it is favourable to the stakeholders. Stakeholders can be defined as a group of people who have interest or shares in a business entity and are affected by the decisions of the company.
Hence, the stakeholders perspective needs to be considered at all times because they're part of the business and their actions can affect the success of the business.
Mission typically includes information on the customers served, why the company exists, what the company does, the value received by the customers, and the technology used.
Answer:
Choosing a credit card.
Explanation:
A credit card is a plastic rectangular card issued by financial institutions such as banks, that allows the cardholder to purchase goods or services from merchants on credit.
Credit cards offers it's users convenience to access a line of credit and thus, eliminates the need to carry cash (money) or check around.
The important criteria to consider when choosing a credit card are;
1. Annual Percentage Rate (APR).
2. Credit limit.
3. Penalties and fees.
4. Cash back.
