The law of increasing costs says that as factors of production are shifted from making one good or service to another,
a. the cost of producing the second good or service first decreases and then levels out.
b. the cost of producing the second good or service increases.
c. the cost of producing the second good or service decreases.
d. the cost of producing the second good or service remains the same

Owning a word is a characteristic of a powerful a. productb. servicec. organization d. brand

An outside manufacturer has offered to produce 60,000 daks and ship them directly to andretti's customers. if andretti company accepts this offer, the facilities that it uses to produce daks would be idle; however, fixed manufacturing overhead costs would be reduced by 75%. because the outside manufacturer would pay for all shipping costs, the variable selling expenses would be only two-thirds of their present amount. what is andretti's avoidable cost per unit that it should compare to the price quoted by the outside manufacturer?

If a team of three workers, each making the u.s. federal minimum wage, produced these 12 rugs, what would the total labor cost be? don't forget that these workers would be working overtime.