When output of earlier process is transferred at a profit to the subsequent process, it is inter process profit. The profit associated with the transfer of goods from one process to another process is called inter-process profit.
Answer: Option 1
A collection of atoms or molecules that can be excited to a higher energy state is called an active medium. Before lasing can occur, the active media...
Answer: Option 4
A buffer, also called buffer memory, is a portion of a computer's memory that is set aside as a temporary holding place for data that is being...
Answer: Option 4
In a manufacturing process, Production manager takes the decisions as to what quantities and which process or processes are to be used so that the cost is...
Answer: Option 4
A competitive firm maximizes profit at the output level where Price equals marginal cost, The slope of the firm's profit function is equal to zero and Marginal...