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-Dominant- [34]
1 year ago
15

What term is used to describe declining average total costs with added firm size?

Social Studies
1 answer:
kakasveta [241]1 year ago
4 0

Economies of scale is the term used to describe declining average total costs with added firm size.

The average total cost is calculated by dividing the total cost of production by the total output. In other words, the average cost is the sum of the firm's total fixed and variable costs divided by the sum of the units it produces.

The phenomenon known as economies of scale occurs when the scale or magnitude of the production produced by a firm increases while the average cost per unit of output decreases.

Economies of scale describe the reduction in unit costs when a company expands. Increased purchasing power, network economies, technical, financial, and infrastructural economies are a few examples of economies of scale.

Learn more about average total costs here

brainly.com/question/13950634

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What's the difference between buying a car with a loan and leasing a car?
ipn [44]
D.

Explanation: The biggest difference between buying and leasing a car is ownership. Buying a vehicle gives you complete ownership to do what you want with it, while leasing a vehicle only gives you temporary ownership with restrictions on what you can do with it.
8 0
2 years ago
Which factors describe the influence of culture on an area?
vlabodo [156]
The factors that describe the influence of  culture on an area is :

- Females are not allowed to go to college (which more commonly found in Muslim dominated area)
- Fireworks are shot out into the ocean to celebrate new year's eve (which commonly found in westernized area)

hope this helps
3 0
3 years ago
How much time does it took in order to be frame our CONSTITUTION​
nikdorinn [45]

Answer:

2 years 11 months and 8 days

4 0
2 years ago
Retirement usually does not bring about the same kinds of feelings of loss for people with developmental disabilities as it does
NeTakaya

The answer is False. Retirement usually does bring about the same kinds of feelings of loss for people with developmental disabilities as it does for people without disabilities

If we treat people with disabilities differently it will hurts their feelings because of the Psychological effect it will have on them.

As an disability that has the state of the body as well as debilitation which really do influence their emotional well-being can be perilous to them if they were sidelined, consequently, Assuming we treat individuals with disability diversely it will makes them feel bad due to the Mental impact it will have on them, thus the incapacities should be really focused on.

Know more about developmental disabilities - brainly.com/question/14777606

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6 0
10 months ago
Personality tests that use forced-choice questions are beneficial in identifying personality traits because they
arsen [322]

Answer:

they offer a much more accurate measurement of candidate’s personality

Explanation:

Forced choice questions format is a format for survey responses that requires respondents to provide an answer (e.g., yes or no, agree or disagree), forcing them to make judgments about each response option.

In other words, it is a format of survey that provides questions that eliminate Don’t Know and Neutral response options, such that, it forces respondents to express an opinion or attitude.

The forced choice format increases the number of survey records with responses that are usable for analysis. Hence, Forced Choice personality tests offer a much more accurate measurement of candidate’s personality even though it is difficult to construct and leads to losing in scale.

Forced-choice would be more suitable for assessing higher management or those with high cognitive skills and a simple personality test would be ideal for freshers.

3 0
3 years ago
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