Answer:
In economics, the marginal cost of production is the change in total production cost that comes from making or producing one additional unit. To calculate marginal cost, divide the change in production costs by the change in quantity.
Answer:
An sample project that has experienced extension creep is the place a task began with initial necessities and with time extent of undertaking expanded because of starting holes in the prerequisite social occasion or new upgrades from the customer. An ERP change venture which includes actualizing ERP framework supplanting heritage framework has experienced extension creep.
Yes, the degree creep issues could have been maintained a strategic distance from:
- By doing careful revelation of business necessities.
- By setting desires with the customer on any new necessities coming during the undertaking execution and dangers related with it.
The following are a portion of the means to effectively oversee inescapable changes in scope that are useful for the business:
- Making an asset and time cradle for any unavoidable changes in the undertaking extension.
- Directing sufficient hazard examination and making strides required to execute new degree necessities effectively.
<span>A good or service is said to be highly elastic if there is a a slight change in price this will cause a sharp change in the quantity. Usually these kinds of products are readily available in the market - example is jewelry. lottery ticket
The factors are - The govt that propose a law that is in favor of the industry
availability of substitutes
hope it helps</span>
Answer:
Center 1 should be open 7 days a week, and center 2 should be open 6 days a week. Total cost = $580
Explanation:
minimize the following equation 40A + 50B
where:
A = center 1
B = center 2
constraints:
140A + 100B ≥ 1540
60A + 180B ≥ 1440
A ≤ 7
B ≤ 7
A, B ≥ 0
using Solver, the optimal solution is 7A + 6B = 580
Answer:
Consumption ( C ) = $325 million
Explanation:
Given:
GDP = $900 million:
Government Purchases ( G ) = $250 million
Taxes minus Transfer Payments ( T ) = $325 million
Investment ( I ) = $275 million
Find:
Consumption ( C )
Computation:
GDP = C + I + G
$900 million = Consumption ( C ) + $250 million + $325 million
Consumption ( C ) = $900 million - [$250 million + $325 million]
Consumption ( C ) = $325 million
