What is opportunity cost?
What is meant diminishing returns?
What does it mean to say that resources are scarce in an organization?
The real cost of something is what you give up in order obtain it. This includes not just how much money was spent to purchase something, but also the potential benefits that were sacrificed by not obtaining something else.
As equal quantities of a variable factor are increased and other factors remain constant, a point is reached beyond which the addition of one more unit of the variable factor will result in a diminishing rate of return. Stated more simply, the more you have of something, the smaller is the benefit of having even more; investing a quantity of money and/or other resources on something may not result in an additional benefit.
Resources are finite and limited; there is only so much of any resource that is available.
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When done correctly, _____ can provide communication researchers with valuable insights into how messages are communicated
a. analytical review b. content review c. content analysis d. survey review
If a diode is ____, there will be current flow.
A. N-type material B. reversed-biased C. forward-biased D. P-type material
Find the addendum A. Round the answer to the nearest thousandth.
What will be an ideal response?
Generic alignment steps include mounting the LASER heads and ______.
A. reviewing MSDS for lubricant B. painting the gearbox C. measure distance between LASER heads D. All answers are correct