# data[].attributes.body
Deana you're looking fine today

# data[].attributes.body
More like stage two

# data[].attributes.body
Somewhat the same thing as the three stages of production

# data[].attributes.body
Variable costs are likely to be quite small.

# data[].attributes.body
total cost takes in all the costs

in business faces in the course of its operations.

# data[].attributes.body
Marginal revenue is the extra revenue associated with the production and sale of one additional unit of output. It is the most useful measure of revenue both for businesses and economists

# data[].attributes.body
Ex) a gas station with enough people to work each pump

# data[].attributes.body
Definition: using the right tool for the right job.

# data[].attributes.body
Businesses use two key measures of revenue to decide what amount of output will produce the greatest profits.

# data[].attributes.body
The combination or mix of imputs affect supply

# data[].attributes.body
Break even analysis examines how many workers are needed to turn a positive profit

# data[].attributes.body
Because efficiency is related to both cost and productivity, it is important that care be taken in selecting the proper materials.

# data[].attributes.body
fixed cost and variable cost input influences efficient production decisions, the businesses have to analyze their costs before making their decisions, that cost is divided into categories. fixed cost+variable cost = total cost

marginal costs- is the extra cost applied when a business has an additional unit of a product

# data[].attributes.body
The profit-maximizing quantity of output is reached when marginal cost and marginal revenue are equal

# data[].attributes.body
Businesses that use raw materials in manufacturing must defide which grade best suits their needs.

# data[].attributes.body
Different grades of coal, wood, steel, and glads have different productivites.

# data[].attributes.body
A type of decision making that compare the extra benefits to the extra costs of an action