Products with attributes that are significantly different from each other, which makes it difficult to substitute one product for another.________________

Q: Marginal cost equals A) all the opportunity cost of producing the amount of output. B) the…

A: Marginal cost is calculated by differentiating total cost or total variable cost with respect to…

Q: Stakeholders are: a) customers and competitors who interact with the business. b) groups or…

A: A business entity has stakeholders to whom it has a responsibility.

Q: uestion-2) hat is the name of the deas that can be transformed into products and services that will…

A: According to the given question the ideas which can be transformed into the products and the service…

Q: What occurs when the cost of producing a range of products is lower than the cost of producing each…

A: The process that depicts an increase in the production of services and goods in an economy during a…

Q: Understand the opportunity as a product development phase, includes:

A: The following are the stages of a product development process: Generation of product concepts…

Q: The economic characteristics of agricultural land which makes it a long term investment is it

A: Economics as a subject deals with the allocation of scarce resources among humans with unlimited…

Q: The most pertinent phase in the production process?

A: Economic production is categorized into three stages based on the product curves (TR, AR, and MR)…

Q: Productive forces are Energy, equipment, and technology. The economic laws regulating the process…

A: Production factors:- Production forces are the resources used throughout the manufacturing process…

Q: mercha

A: Poor quality products implies products of a low standard ,quality or which is turn in bad condition.

Q: Peers, culture, advertising, and even confusion can be considered forms of   A Supply B Demand C…

A: Opportunity is the chance that helps to make something possible to do in business or other sectors.

Q: Economics As a business student, explain with examples how the study of Business and Company Law may…

A: Corporate law is the body of law governing the relations,rights and conduct of persons,…

Q: Explain the phrase - "Man must fit his technology with ecology."

A: Technology is widely acknowledged as the primary driver of economic growth in countries, regions,…

Q: A mission statement for a company does NOT include which of the following?Choose one answer.a. Its…

A: Mission statement refers to an action based statement which shows the objectives of the company. It…

Q: How has the current economic growth affected the food industry in Canada?

A: As a result of the COVID-19 emergency, reaction plans for food laborers were created to give…

Q: A company must sell as much as possible, only this will ensure its rapid development. Is this…

A: In its most basic form, business development is described as the ideas, efforts, and activities that…

Q: xport-oriented industry, ta

A: : Export- oriented industry: It refers to that industry which is more into the exporting the goods…

Q: difference of linear economy and circular economy in product wastes

A: Linear economy:-  The worth of a linear economy is generated from bulk manufacturing and sales of…

Q: What are the Budgets, growth and development of an air courier service as a business.

A: Major budgets Labour and fuel expenditures are the two most significant expenses that airlines face.…

Q: opportunity cost of producing a product from zero

A: Opportunity cost is the benefit that can be driven by not choosing the other alternative.

Q: Introduce supply chain and identiy relevant economic problems and contracting processes to your…

A: The network of all individual organizational actions and technological components involved in the…

Q: The Costs that changes with the quantity of output produced is called ……………. a)     Variable cost b)…

A: Option (a),

Q: reskilling strategies for digitalization of Readymade Garments industry in bangladesh?

A: Introduction:- Reskilling seemed to be the buzzword of every week, particularly after the outbreak.…

Q: A firm's decisions are ultimately oriented toward: -increasing total revenue -minimizing the…

A: When an individual participates in the market as a supply-side participant, he has to deal with…

Q: agricultural in north korea

A: Farming in North Korea is done on the flatlands of the four West Coast provinces. Intensive…

Q: The transformative effects of competition that foster the development of new products or new…

A: The benefits to society will be greater in economies where entrepreneurs can operate flexibly,…

Q: What statement best describes a product modification changing the amount of management time spent…

A: The Product modification refers to modify or change in the product or service. In simple terms, it…

Q: To what extent do ethical norms reflect a company’s dedication to the Triple Bottom Line?

A: In finance, when we discuss an organization's bottom line, we normally mean its benefits.…

Q: What is the difference between DIVERSIFICATION and INDUSTRY SPECIFIC?

A: Diversification means a firm is doing their business in different industry or sector, like Tata…

Q: Below is a symbol found in most products. Discuss how this symbol talks about the social…

A: To be eco-friendly is today's way to build and need at the same time. The companies are now…

Q: .Idea generation is meaning the systematic search for new product ideas Agree Disagree O Developing…

A: 1.  This given statement is Right (agree) Ideal generation refers to the systematic search for new…

Q: A is a networked business ecosystem that coordinates a firm's suppliers, distributors, and delivery…

A: A value chain is a model that business uses for the full range of activities needed to create a…

Q: How does a successful engineering project affect a firm's market value?

A: A successful engineering project result in an increase in the revenue and profit of the firm. Rise…

Q: The administration function may play a central role in promoting a sustainable approach within the…

A: The Administration plays a role as a link between employees and top-level management and with all…

Q: Stock of a commodity is the: (a) Total quantity that is available in a market at a certain time (b)…

A: option a is the correct answer a) Total quntity that available in the        market at certain time…

Q: ___________ is the amount or subjective value that is forgone in choosing one activity over the next…

A: The cost demonstrates the amount incurred during the manufacturing process of the product/service by…

Q: part C and D

A: The exchange rate is the rate at which one country's currency is exchanged for an additional…

Q: What is commercial

A: Commercial: - The activities which involve the exchange of goods and services are called commercial.

Q: Evaluate the factors affecting firm behavior, such as production and costs

A: The allocation of resources in economics is determined by economic profit which relies on how much…

Q: Name the three general categories of Resources

A: 1:- Natural resources 2:- Human resources 3:- Capital resources

Q: Goods produced on small scale have

A: Formula to calculate elasticity of supply:- ES=∆QS∆P×PQS Where; Q= Quantity supplied P= Price

Q: Profits are a sign of a business exploiting its customers and workers. Profits are a sign that a…

A: Profit is the sign of a business exploiting their customers and the worker this statement is true…

Q: why is that quality delivery and price expectations of the customer should be considered in the…

A: When talking about transformation process, it refers to the process of substitution one or more…

Q: What are the best decision-making strategies for a firm that relocates in an underdeveloped country?

A: An economy that is undeveloped is one that is characterized by. Low per capita GDP.Maybe less than…