Answer:
Costs and benefits are weighed to determine if producing the good will be profitable.
Explanation:
Production of goods refers to the process through which raw material and resources are converted to a finished product. In most economies, production of goods are services is necessary to meet the demand for these goods. Companies and firms utilize resources like labor and materials to produce finished products. This is usually a costly activity that needs to be planned and organized for it to be successful. Since most businesses is for profit making, the production process has to be done in such a way that in the end, profits are made. Production processes requires financial strategies to be applied and assessed to ensure that the process is profitable in the long run.
An example of a financial analysis that can be used is the cost benefit analysis. The cost benefit analysis involves determination of all the resources that will be needed as input. The input is then convert into monetary terms, then summed together. The total amount of input in monetary terms is the cost, since that i the total amount needed to process the raw materials to finished goods. The future benefits are also forecasted and converted into monetary terms. The comparison of the costs versus the benefits forms what is collectively termed as the cost and benefits analysis.
When the costs outweigh the benefits, then the good should not be produced. When the costs are equal to the benefits, it means the business will break-even, so there will be no profits, it is advisable not to produce the good. Finally, when the benefits outweigh the costs, it is advisable to produce the good.
Answer:
d) Neither A nor B
Explanation:
Poverty refers to a financial state wherein an individual is unable to meet the most basic needs for survival such as food clothing and shelter.
Absolute poverty refers to a state wherein the income of a household is below a certain threshold level which makes it hard to meet the basic necessities of life such as food, shelter, water and sanitation.
The concept of relative poverty makes a comparison i.e relatively to others. When one is relatively poorer than others. The person in such a scenario may be able to meet his ends but relative to other households income, shall be termed as poor.
Answer:
you want us to write a 5-7 page paper for you? that's on you. it's for questions, not whole papers
Answer:
that you have the chance of passing. do not ever think you can fail. take some deep breaths and dont let anyone take you down saying your stupid or something
i hope that this is what you needed
Explanation:
<u>Placement Interviews </u>are face-to-face interactions with the primary purpose of assessing the honesty of potential employees.
An interview is a structured conversation in which one participant asks questions and the other answers. Generally, the word "interview" means a one-on-one conversation between an interviewer and an interviewee. The interviewer asks questions and usually provides information for the respondent to answer.
This information can be used immediately, later, or made available to others. This feature is common to many types of interviews. Job interviews and interviews with witnesses to events may not have other audience members present at the time, but answers will be made available to other audience members later in the hiring or research process. Interviews can also transfer information in both directions.
Interviews are usually conducted face-to-face but may involve geographically distant parties, such as video conferences or telephone interviews. Most interviews involve verbal conversations between two or more parties. Sometimes a "conversation" occurs between the two of her entering questions and answers.
Learn more about Interviews here : brainly.com/question/8846894
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