The primary use of ______ is to explain words and concepts.

Fill in the blank(s) with the appropriate word(s).


Ans: definitions

Business

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Economics teaches that, in equilibrium, firms will earn a return equal to the ______________________________

Fill in the blank(s) with correct word

Business

Kitchen Convenience can manufacture six toaster ovens per machine hour and four bread machines per machine hour. Kitchen Convenience's production capacity is 1600 machine hours per month. What is the contribution margin per machine hour for bread machines?

Kitchen Convenience Company manufactures two products—toaster ovens and bread machines. The following data are available:



A) $60
B) $80
C) $320
D) $480

Business

Imagine that you are leading a small company and need to find someone to handle your operations in the new market that you are entering. What characteristics are the most desirable for this employee to have? Why?

What will be an ideal response?

Business

Examples of special-purpose training are literacy training and diversity training

Indicate whether the statement is true or false.

Business