Explain the cost concepts briefly
Explain the cost concepts briefly.
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The phrase cost simply means cost of production. This is the expenses incurred within the production of goods. This is the sum of all money-expenses incurred through a firm so as to produce a commodity. Therefore this includes all expenses by the time the raw material is bought until the finished products reach the wholesaler.
Define the term business forecasting briefly.
By the following choices in this illustrated graph, this worker would be happiest at point: (w) point a. (x) point b. (y) point c. (z) point d. Q : Illustrates the meaning of Demand Illustrates the meaning of Demand?
Illustrates the meaning of Demand?
A potential employee’s accumulation of certificates and degrees to stimulate interest through a potential employer is termed by economists as: (1) specific training. (2) signaling. (3) general training. (4) screening. (5) ticket-punching. <
Hulk counsels five clients at a time within exercise groups at Beefcake Body Builders. Hulk hourly wage is $17, and also Beefcake charges Hulk’s clients $20 for every hour-long fitness session. When fitness counselors are hired from competitive labor mar
Describe briefly Cost Volume-Profit relationship?
Increases within the wage rate all the time: (w) lack impact on the relative price of leisure. (x) increase the relative price of leisure. (y) decrease the relative price of leisure. (z) increase the quantity of individual labor supplies.
Illustrates the criteria for good forecasting method?
Explain about the term Boom in phases of business cycle.
Illustrates the pricing policies briefly?
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