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Why are there always opportunity when we shift from making one product to another?
some resources are better suited for use in making the first product.
Why are there always opportunity costs when we shift from making one product to another?
some resources are better suited for use in making the first product.
Why are there always opportunity costs when shift from making one product to another?
some resources are better suited for use in making the first product.
Does this product have a button for making popcorn?
Yes, this microwave has a button for one-touch popcorn making!
Swingline started making their product in red after one was featured in the movie office space what product is this?
Stapler
Why are there always opportunity costs when we shift from making one to another?
some resources are better suited for use in making the first product.
What is it called when one person or group controls all the companies involved in one step of making a product?
Horizontal integration
What is it called when all the companies involved in one step of making a product are controlled by one person or group?
Horizontal integration
What is it called when a factory focuses on making only one product?
When a factory focuses on making only one product, it is referred to as "specialization" or "product specialization." This approach allows the factory to streamline production processes, improve efficiency, and enhance quality control, ultimately leading to lower costs and increased output for that specific product. Specialization can also enable the factory to develop expertise in that particular area.
Can you file a lawsuit against a company that has been making multiple charges to your account after purchasing one product?
YA
When should you evaluate the benefits of using a particular product?
after making things that product
What is one disadvantage of one product?
One disadvantage of a product can be its high cost, which may limit accessibility for potential users. This can result in a smaller customer base and hinder widespread adoption. Additionally, if the product lacks essential features or has a steep learning curve, it may further deter users from making a purchase.
