[Answer] work packageBecause direct costs are assumed to be developed from normal methods and in a normal amount of time any reduction in activity time should ________ the cost of the activity.

Answer: increase

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work packageBecause direct costs are assumed to be developed from normal methods and in a normal amount of time any reduction in activity time should ________ the cost of the activity. In economics an externality is a cost or benefit that is imposed on a third party who did not agree to incur that cost or benefit. For the purpose of these statements overall cost and benefit to society is defined as the sum of the imputed monetary value of benefits and costs to all parties involved. The concept of externality was first developed by economist Arthur Pigou in the 1920s. Sustainable development is the organizing principle for meeting human development goals while simultaneously sustaining the ability of natural systems to provide the natural resources and ecosystem services on which the economy and society depend. The desired result is a state of society where living conditions and resources are used to continue to meet human needs without undermining the ... A value-added tax (VAT) known in some countries as a goods and services tax (GST) is a type of tax that is assessed incrementally. It is levied on the price of a product or service at each stage of production distribution or sale to the end consumer. If the ultimate consumer is a business that collects and pays to the government VAT on its products or services it can reclaim the tax paid. An efficient portfolio is a group of stocks that has the maximum (highest) expected return given the amount of risk assumed contains the lowest possible risk for a given expected return. The efficient-market hypothesis states that all information has already been reflected in a security's price or market value and that the current price of the stock or bond always trades at its fair value ... Later on this statement was diversified when Davis (1951) divided managerial work into two categories one requiring the attention to physical work the other one requiri...

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