Answer:
A society could achieve a higher level of productivity if:________
b. it takes advantage of each individual's comparative advantage.
Explanation:
In the same way that nations can achieve higher levels of productivity if each nation takes advantage of its comparative advantage in production, individuals in the society can help it to achieve a higher level of productivity if each individual takes advantage of her or his comparative advantage. This economic concept calls for specialization in the fields where one has comparative skills that are better than others'. This implies that one can deploy resources and skills to achieve more in a specialized field than being a jack-of-all-trades.
This is the concept of financial arithmetic. To get the average cost when six units we shall proceed as follows;
Total cost of producing 5 units will be:
(average cost)*(number of units)
=5*30
=$150
Given that the marginal cost of producing the sixth unit is $60, then the total cost of producing six units will be:
150+60
=$210
Answer:
Incorporate the manufacturing process steps of the service into your planning and design process. A further explanation is provided below.
Explanation:
- Burt would have had to take into account the possible throughout the development process of the marketing campaign when trying to execute an integrated Communication IMC program.
- An essential component of conducting a successful IMC campaign requires determining the phase including its project lifecycle.
Thus the above is the right answer.
Answer:
822 hours
Explanation:
The charge per hour is $10.25.
To earn a total of $8,425, one need to work ? hours.
1 hr =$10.25
? hrs = $8,425
?hrs = $8,425 / $10.25
=821.951
=822 hours
