C. $1,000
$1 and average total costs of $3 when it produces 500 units of output. the firm's total fixed costs equal 1,000 dollars.
First answer is c and the second answer is a
Answer:
microeconomics: The study of the behavior of individual households and firms in making decisions on the allocation of limited resources. Macroeconomics: The study of the performance, structure, behavior, and decision-making of an economy as a whole, rather than individual markets.
Explanation:
Answer:
Explanation:
1. The correct answer is option B.
Empowerment is nothing but power which gives the ability to act or behave appropriately in order to make appropriate decisions. Empowerment is one of the stage of being accountable. In this stage, the person takes appropriate action to complete the task. It also includes taking challenge and coping up with changing situations.
Job enlargement is the technique in which the task and scope related to a single job are increased. In this scenario, since the businesss has expanded, it is important to give more responsibilities to employees so that Michelle can focus on the financial aspects of business.
2. The correct answer is option B.
Matrix organization is nothing but the organization where the employees will have multiple reporting line and perform different roles in different functions. The advantages of matrix organization are effective usage of resources across different functions, high motivation in employees due to multiple roles and showcasing their skills in different field, improved and prompt decision making. Since unity of command involves employee being answerable to one person, so matrix structure violates the principle of unity of command.
Answer:
producing 50 shoes using resources that cost $25
