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Total product is a term used to measure exactly how much product is made or sold. Average product is used to compare the making or selling of a product over time.
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What is average check?
Average check = Total sales / Total covers
If A Company Has Average Total Assets Of 8500000 Average Total Common Stock Of 1000000 Average Total Stockholders' Equity Of 4400000 Sales 10500000 And Net Income Of 860000. What Is Its Return On Equi?
If A Company Has Average Total Assets Of $8,500,000 Average Total Common Stock Of $1,000,000, Average Total Stockholders' Equity Of $4,400,000 Sales $10,500,000 And Net Income Of $860,000. What Is Its Return On Equity Ratio?
If average total cost is greater than marginal cost average total cost must be increasing is the true or false?
true
What is average bill value?
Average Bill Value = Total Sale / Number of Bills
Define Total Quality Management?
A philosophy that involves everyone in an organization in a continual effort to improve quality and achieve customer satisfaction.
Define total product?
It is a product that is total
Define average product?
Average product defined as- dividing total production of inputted variables by number of inputted variables. For example- average product of 3,5,7,9 is-(3+5+7+9)/4= 6.
Relationship between Tota Product Marginal Product and Average Product?
Average Product = (Total Product) / (Labor) Marginal Product(2) = (Total Product)(2) - (Total Product)(1)
What is the equation for average product?
the total product divided by quantity
Define average total cost?
Average total cost is the sum of all the production costs divided by the number of units produced.
How do you define average speed?
average speed is the average rate of movement, for example, the number of feet traveled on a yard.average speed is the-total distance/total time.
When average product is highest Options Total product is maximum Marginal product is maximum Marginal product is zero Marginal product is negative?
Negative
Define product disparagement?
Product disparagement involves discrediting a competitor's product.
When total product is rising both average product and marginal product must also be rising true or false?
that will be false! hope this helps!
Define potential product?
A potential product refers to what a product could have been or would be in future.
Define marketing distinguish product marketing and services markrting with suitable example?
Define Marketing. Distinguish product marketing and services marketing with suitable examples
How do you define average?
normal
