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Earn +20 ptsQ: What is a production unit?
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What is the variable production cost per unit if production is 3000 units and total cost is 6750?
2.25 por unidades
What is the cost that increases with each additional unit produced?
Marginal cost of production
Why are some organisations capital intensive and others labor intensive?
labour intensive means use of manpower in production with little of technology while capital intensive means use of technology in production of a unit of output labour intensive means use of manpower in production with little of technology while capital intensive means use of technology in production of a unit of output
Inflation caused by a rise in per unit production costs is referred to as......?
Cost push inflation.
What was the effect of intensive farming?
More food, feed, and fiber per unit area of production.
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