Tag: Production Function

There Are No Such Thing As A Free Lunch!

December 12, 2019

Introduction Congratulations to the both of us for making it through the course this far! The last two units doesn’t seem too bad, but if you thought that you have escaped the grasp of graph then bad news to you my friend. We’re going to tread into the world of Costs! The backbone of the … More There Are No Such Thing As A Free Lunch!

Starting a New Bakery Business?

November 29, 2019

Before the innovation of technologies, opening a manufacturing business was difficult due to the lack of production and huge cost expenditures. However, with niche products and advanced technologies, now it is possible for entrepreneurs to venture into manufacturing industry. The term manufacturing business refers to any business that uses components, parts, or raw materials to … More Starting a New Bakery Business?