If 150 million workers produced America's GPD in 2013, according to the "World View" above, the average worker produced <span>97,333 output.</span>
Answer:
D) the production of an additional unit of dynamite costs the same regardless of whether chemicals or labor are used.
Explanation:
Average total cost (ATC) per unit will be lowest where ATC curve intersects marginal curve (MC). At that point producing an additional unit of dynamite will cost the same no matter which combination of inputs (chemicals or labor) is used. At this point, production costs will be minimized, and then they will rise again (ATC curve is U-shaped).
Answer:
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Explanation:
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Global Trade, or commerce, involves the transfer of the ownership of goods or services, from one person or entity to another, in exchange for money goods or services. Help to Grow the Society.
Answer:
The answer is A) invest more resources at the front end of the value chain in research and development and design to produce a superior product.
Explanation:
Total quality management is a management approach to long-term success through customer satisfaction. In a TQM effort, all members of an organization participate in improving processes, products, services, and the culture in which they work.