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profit per units will decrease meaning that companies will have to sell far greater amounts of goods to achieve high profits, as the contribution per unit will be less as the goods are selling for their minimum price

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What idea of Eli Whitney's had major consequences for the production of goods even today?

Eli Whitney is best known for inventing the cotton gin and popularizing the concept of interchangeable parts in manufacturing. The idea of interchangeable parts revolutionized production by allowing for the mass assembly of products, making manufacturing more efficient and accessible. This concept laid the foundation for modern assembly lines and has had lasting implications for industries ranging from automotive to electronics, influencing how goods are produced and assembled even today.


What is the key economic concept that serves as the basis for the study of economics is?

efficient use of limited productive resources to satisfy economic wants.


What is the best book on Modern Monetary Theory (MMT) that provides a comprehensive understanding of the concept and its implications?

One highly recommended book on Modern Monetary Theory (MMT) that provides a comprehensive understanding of the concept and its implications is "The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy" by Stephanie Kelton. This book explains MMT in a clear and accessible way, making it a great resource for those looking to learn more about this economic theory.


Explain the concept of Market Efficiency Is Arbitrage possible in an efficient market Why or why not What is some of the evidence for and against market efficiency No more than two pages please?

what are the types of market efficiency in nigeria?


Concepts and nature of international entrepreneurship?

The concept of the international entrepreneurship is to expand our business across a countries boundry. it is applicable for all size of business.with using available resources in a effective and efficient manner.

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What is the concept of relevence?

It is studied in epistemology (the theory of knowledge). Different theories of knowledge have different implications for what is considered relevant and these fundamental views have implications for all other fields as well.


What two words names a quality or an idea?

Efficient performance


If a car is a concept what does it mean?

A concept is an idea or collection of ideas with an intent. A car's design can be a concept. The car can be constructed on the concept of carrying many passengers, or being fuel efficient, or considered modern to many people.


What is state of issuance?

The state of issuance refers to the jurisdiction or government entity that grants legal authority for the creation and distribution of financial instruments, such as bonds, stocks, or licenses. It typically denotes the regulatory framework within which these instruments must comply with local laws and regulations. This concept is crucial for investors and issuers alike, as it impacts the legal rights, tax implications, and regulatory requirements associated with the issued instruments. Understanding the state of issuance helps stakeholders navigate the complexities of financial markets and ensure compliance with applicable laws.


Implications for business organizations for adopting marketing concept?

If you are looking to automate your digital business or optimize your sales, this is for you.This tool helps you create your landing page or landing pages, allows you to improve interaction with your customers, and do everything in a more efficient way to allow you to take care of other tasks or have more free time. In this video that I present you will learn the importance of digital marketing and I INVITE YOU TO TAKE ACTION !! ht tps: // snip.ly/ tl12sn (Remove spaces)


Concept and function of business finance?

Allocation of financial Resources . Procurement of found . Efficient and Effective utilization of financial resources


What are the legalities of selling your soul?

The concept of selling one's soul is not recognized or supported by any legal system. Soul-selling is a fictional or metaphorical concept found in literature and folklore, but it does not have any legal or enforceable implications in the real world.


What are the implications of an empty universe on the existence of life and the concept of reality?

An empty universe would have significant implications for the existence of life and the concept of reality. Without any matter or energy, life as we know it would not be able to exist. The absence of any physical entities would challenge our understanding of reality, as our perception of the world is based on interactions with physical objects. This could lead to a reevaluation of our understanding of existence and the nature of reality itself.


What is the concept of creating safer and more efficient equipment called?

prudent avoidance, ergonomics, product design, workplace design


What is the key economic concept that serves as the basis for the study of economics is?

efficient use of limited productive resources to satisfy economic wants.


The concept of macdonaldization is based on the ideas of whom?

The concept of McDonaldisation is based on the ideas of sociologist George Ritzer, who argues that society is becoming more standardized, efficient, and calculating in a manner similar to the fast-food industry.


What has the author James Henry Hoban written?

James Henry Hoban has written: 'The Thomistic concept of person and some of its social implications' -- subject(s): Individuality, Personality, Sociology