Assuming there is sufficient customer demand either way, how does a company decide whether to sell a product or to process it further? When should it be processed further?
In order to determine whether the product should be sold or processed further, a company should compare the incremental revenue of processing further to the incremental costs of processing further. If the incremental revenue is greater than the incremental cost, the product should be processed further.
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A. abilities B. productivity C. performance D. behavior
Business leaders need to understand the broader implications of using automated machines.
Answer the following statement true (T) or false (F)
Your friend John started college at the age of 18 with $63,450 already saved, because 18 years ago when he was born his parents placed money into a special college savings account earning 7.25% per year
How much money did John's parents place into his college account? A) $18,000 B) $3,525 C) $17,262 D) $5,824
Employers in highly competitive markets are more able to raise prices without loss of revenues.
Answer the following statement true (T) or false (F)