The significance of Total product, Average product, and Marginal product is that they show how effective, and efficient a manufacturing process is.
<h3>How do these metrics show productivity?</h3>
Taking the labor component in production as an example, one can see the impact of these metrics.
The total product will show just how much goods and services in total that the given amount of labor was able to produce. This gives management an idea of the effectiveness of the labor in producing goods and services.
The average product then shows how efficient labor is because it gives an idea of the products produced per labor.
Marginal product is very important as well because it helps management to know when to stop hiring labor. This point will be the production level that sees the marginal product being less than the cost of hiring additional labor.
These three metrics are therefore important to management because they help to determine effectiveness, efficiency, and cost of production.
Find out more on marginal product at brainly.com/question/24698689.
Answer:
c
Explanation:
the health care because it is very expensive benefit
Answer:
In my opinion they can be a big problem because if you can not use the uber in some community it's useless but they are banning ubers because the taxis business are loosing money and the uber is replacing the taxi business.
There is an own opinion question, so try to answer by yourself
The type of listing agreement that provides for payment of a commission to the broker even though the owner makes the sale without the broker's aid is called an exclusive right to sell a listing.
Listing of exclusive distribution rights
Listing of exclusive distribution rights is the most commonly used contract. In this type of listing agreement, an agent is appointed as the sole agent of the seller and has exclusive authority to represent the property.
A California Realtor Listing Agreement is an agreement that authorizes a broker to sell an owner's property on their behalf. The contract allows them to list the property, but in most cases gives them exclusive rights to the property transaction and potentially earnable commissions.
Learn more about listing agreement here: brainly.com/question/8186569
#SPJ4
It is most accurate to say that successful niche marketing relies on a firm's Greater knowledge of customers need and its special reputation.
<h3>What is a marketing niche?</h3>
A niche has to do with the particular brand or the particular trade that a person that is focused on buying and selling does.
This is to say that the person that is focused here would be successful if they know what their customers demand from them and the ways that they can carry out their activities for a greater reputation. The niche has the brand of the business.
Read more on business niche here: brainly.com/question/1519816
#SPJ1