Answer:
The correct statement is: "The fixed cost per unit will decrease when volume increases."
Explanation:
Total fixed costs remain the same within a relevant range, but the <em>fixed cost per unit</em> decreases as production increases, because the same fixed costs are spread over more units produced.
Answer:
d. Supply is perfectly elastic.
Explanation:
Perfectly elastic supply is when a change in price causes supply to fall to zero.
The supply curve is usually an horizontal line.
I hope my answer helps you
Answer:
Pull factor becoming a push factor
Explanation:
Nigeria is the most populous black nation on earth and attracts a lot of tourist as well as investors at every point in time. During the 1970's, there was migration of people from other west African countries due to the economic stabilty and increasing economic expansion, thus making Nigeria a place to search for greener pasture within the continent. In the 1980's, there was an economic downturn that hit the country so hard that Nigerians started calling for the exit of fellow african nationals in the country. Most affected country then was Ghana and there was a slogan with tthe phrase 'Ghana-must-go'.
The phrase went on to become the name of the bags with which Ghanians left tthe country with.
N.B: look up Ghana-must-go bags on google.
Cheers.
<span>Value web model consists of information systems that enhance competitiveness at the industry level by promoting the use of standards and industry-wide consortia, and by enabling businesses to work more efficiently with their value partners.</span>
