1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
katrin2010 [14]
1 year ago
15

As an oligopoly firm produces at a higher output, economies of scale allow the costs per unit (atc) to _____________ significant

ly.
Business
1 answer:
asambeis [7]1 year ago
4 0

As an Oligopoly firm produces at a higher output, economies of scale allow the costs per unit (ATC) to <u>decline</u> significantly.

When firms in an oligopoly market individually chooses production in order to maximize profit, a quantity of output is produced by them which is higher than the level produced by monopoly and lesser than the level produced by competition.

The existence of economies of scale in certain industries can lead to oligopolistic market structures in those industries. This oligopoly market structure refers to a market form in which there are only a few sellers and they sell similar products.

The Oligopoly firm produces at a higher output, and so the costs per unit here decline significantly. Oligopoly firms are also able to take advantage of economies of scale that reduce production costs and prices.

Thus, when the oligopoly firm produces at a higher output, economies of scale allow the costs per unit (ATC) to decline significantly.

To learn more about the Oligopoly market here:

brainly.com/question/15243178

#SPJ4

You might be interested in
Human capital is:________
Dvinal [7]

Answer:

Human capital is an intangible asset or quality not listed on a company's balance sheet.

Explanation:

It can be classified as the economic value of a worker's experience and skills. This includes assets like education, training, intelligence, skills, health, and other things employers value such as loyalty and punctuality. hope this helps you :)

3 0
2 years ago
Mark is an excellent cook. He does not have any formal training but learned to cook by following the recipes of several famous c
soldi70 [24.7K]

Answer:

d.) laissez-faire

Explanation:

Laissez-faire is one of Adam Smith's ideas which made Mark think of starting a restaurant because the business is free from government intervention. Also because Mark would be the sole owner of the business.

8 0
3 years ago
Read 2 more answers
McLeod Inc. is considering an investment that has an expected return of 8% and a standard deviation of 10%. What is the investme
Rudik [331]

Answer:

the investment's coefficient of variation is 1.25.

Explanation:

The  coefficient of variation relates the units of return to the units of risk. It expresses the unit of risk per 1% of return as follows :

<em>Coefficient of Variation = Standard Deviation ÷ Return</em>

Therefore,

Coefficient of Variation = 10 ÷ 8

                                       = 1.25

7 0
3 years ago
If you were originally a lender, remain a lender even after a decline in interest rates. Will you get better or worse after the
Anestetic [448]

Answer:

If the lender rate decline he will be worst of due to consumer buying behavior.

Explanation:

  • Lenders are creditors and not all creditors are leanders. During a decline in the interest rates goes down and borrowing gets cheaper. The leander will be worse after the interest rates decline. If the interest rate rises or changes the lender may get higher rates.
4 0
2 years ago
Vijay Company reports the following information regarding its production costs. Direct materials $9.60 per unit Direct labor $19
solong [7]

Answer:

Unitary cost= $46.4 per unit

Explanation:

Giving the following information:

Direct materials $9.60 per unit

Direct labor $19.60 per unit

Overhead costs for the year:

Variable overhead $9.60 per unit

Fixed overhead $121,600

Units produced 16,000 units

Under absorption costing, the fixed overhead is allocated to the cost of the product. Therefore, we need to calculate the unitary fixed overhead.

Unitary fixed overhead= 121,600/16,000= $7.6

Now, we can calculate the unitary cost of production:

Unitary cost= direct material + direct labor + total overhead

Unitary cost= 9.6 + 19.6 + 9.6 + 7.6= $46.4 per unit

6 0
3 years ago
Other questions:
  • During the 1920s, the Federal Reserve increased the money supply and kept interest rates very low, encouraging consumer spending
    14·1 answer
  • How does the Open Market Trading Desk conduct its​ operations? A. by sending its buy and sell orders to the U.S. Treasury for ex
    13·1 answer
  • A corporation has $80,000 in total assets, $36,000 in total liabilities, and a $12,000 credit balance in retained earnings. what
    11·1 answer
  • On february​ 1, a corporation has 30 comma 00030,000 shares of $ 1$1 par value common stock issued and outstanding. the corporat
    5·1 answer
  • Susan is having a bakery in the heart of the city and supplies special type of cheese cookies to all the retail outlets based on
    7·1 answer
  • If the marginal propensity to consume is 0.5​, then the multiplier is 2 and the ​$25 billion increase in government spending wou
    6·1 answer
  • What is business activity?​
    7·1 answer
  • Sorry to bother but i need someone to talk to me if your older than 15 don't bother to message thank,you❤
    9·1 answer
  • .
    13·1 answer
  • When the consumer price index rises, the typical family.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!