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What is capital intensive farming?
is when there are high amounts of money put into a farm to develop it, and put towards the daily running of the farm.
What is High-low method of variable cost and fixed cost?
High and low method is the method for separating fixed cost and variable cost from mixed cost.
What are the benefits of outdoor advertising compared to other forms of marketing?
Outdoor advertising offers several advantages over other forms of marketing. It has a wide reach, as it can target a large audience in high-traffic areas. It is also cost-effective, as outdoor ads can be seen by many people for a relatively low cost. Additionally, outdoor advertising can create a lasting impression on consumers, as the ads are often seen repeatedly over time.
What have been the causes of inflation in Kenya?
Inflation has been brought about the weakening of the kenya shilling versus the American dollar an issue that has made the cost of living too high leading to escalating prices of commodities.
Average total cost is very high when a small amount of output is produced because?
average fixed cost is high
