They aim to inspire employees to embrace more innovative thinking in order to enhance profits.
When products from a country are sold abroad, it's classified as export. Conversely, if a country acquires goods from another nation, it is defined as import. The difference between exports and imports is termed net export. An increase in exports raises net exports, while a decrease in imports lowers them. Consequently, if IBM sells a computer to a French company, it boosts U.S. net exports while diminishing France's.
<span>If the business opts to raise shirt production by 100 units, the corresponding opportunity cost will be 200 pairs of pants. Should the firm be at point E and choose to boost shirt output by 500 units, the opportunity cost rises to 400 pairs of pants.</span>
Answer:
6.4 minutes
Explanation:
Daily average for small tools = 445
Working hours = 8, which translates to 8*60 = (480 minutes)
Waiting time =
(image of the operation in the attached file)
= [445]/[(2*35)]
= 445/70
= 6.357 minutes