Austin's Total Fixed Cost at the Bakery Is $3,600 a Month.Austin

question 79

Multiple Choice

Austin's total fixed cost at the bakery is $3,600 a month.Austin employs 20 workers and pays each worker $8 an hour.The marginal product of the twentieth worker is 12 iced cupcakes an hour.What is the marginal cost of the last cupcake produced by the last worker Austin hired?

• A)$0.26
• B)$0.66
• C)$3.81
• D)$8.00

Recognize the importance and function of international business transaction documents, including bills of lading and commercial invoices.

Understand the role and application of international arbitration in resolving disputes in international trade.

Comprehend the principles of risk management in international trade.

Understand the legal and procedural mechanisms for protecting domestic industries from unfair international trade practices such as dumping.

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Definitions:

Multiple Channels

Refers to the use of several communication methods or platforms to convey a message or information.

Empathy

The ability to understand and share the feelings of another person, fostering a deeper connection and communication.

Audience's Needs

The requirements or expectations of the target group for which content or communication is designed.

Communication Model

A theoretical framework that describes the process of transmitting information from a sender to a receiver.