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Darya [45]
2 years ago
8

In microeconomics, the term ___________________ is synonymous with decreasing returns of scale.

Business
1 answer:
allsm [11]2 years ago
4 0

<u>In </u><u>microeconomics</u><u>, the term </u><u>monopoly</u><u>  is synonymous with decreasing returns of scale.</u>

When there are economies of scale in production?

As output increases, the long-run average total cost decreases. The total variable cost of creating five units of output is indicated by the Y-interval between the two curves in the diagram.

Is price and marginal cost equal?

  • In economics, the practice of setting a product's price to cover the additional expense of producing an additional unit of output is known as marginal cost pricing.
  • This policy limits the producer's ability to charge for each unit of a product sold to the addition to total cost attributable to materials and direct labor.

Simply put, what is microeconomics?

  • Microeconomics is the study of how people, households, and businesses make decisions and distribute resources.
  • It generally pertains to markets for goods and services and addresses both personal and financial concerns.

Learn more about microeconomics

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Gre4nikov [31]

By the looks of it you already got it taken care of but thanks for the points ;)

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2 years ago
g You will be receiving cash flows of: $2,000 today, $3,000 at end of year 1, $5,000 at end of year 3, and $7,000 at end of year
enot [183]

Answer:

The present value of the cashflows will be $12830.30

Explanation:

The present value of the cashflows can be calculated by dividing the cash flows by the appropriate discount rate and for the appropriate time period.

The present value of the given cash flows will be,

Present Value = CF1 / (1+r) + CF2 / (1+r)^2 + .... + CFn / (1+r)^n

As the first payment is received today, it will already be in the present value so it will not be discounted.

Present value = 2000 + 3000 /  (1+0.1) + 5000 / (1+0.1)^3 + 7000 / (1+0.1)^5

Present value = $12830.295 rounded off to $12830.30

5 0
3 years ago
Read 2 more answers
Rusty sells his home for $330,000. He must pay a 6% brokerage fee which will be split evenly between the selling broker and list
Solnce55 [7]

Answer:

=$ 80, 200.00

Explanation:

selling price : $ 330,000.00

Commission 6 %:

Commissions paid = 6/100 x $ 330,000.00

     =$19,800.00

Closing costs =: $ 5000.00

Mortgage  paid : $ 225,000

Total payouts:  $19,800 + $50,00+ $225,000

   =$ 249, 800.00

Rusty Expects: $ 330,000.00- $ 249,800.00

   =$ 80, 200.00

8 0
2 years ago
Select all that apply Workplace diversity benefits:
padilas [110]
Workplace diversity benefits the employers

According to data, employers who have a wide diversity in their employees tend to :
- Have less discrimination lawsuit
- increased productivity
- and a more positive company image in the eyes of society
3 0
3 years ago
Read 2 more answers
Craftmaples, a chain of handicraft stores, was established with the purpose of preserving traditional handicrafts. The company's
Tomtit [17]

Answer: Company mission

Explanation: The company mission refers to the objectives mentioned  in the mission statement of the organisation. It is a short statement which describes why the organisation exists and what are its goals. This statement also states the location of the organisation and other important factors like major customers.

In the given case, Craftmaples has the purpose of traditional handicrafts. Thus, all their operations and activities will move towards this one goal.

Hence from the above we can conclude that this case is an example of mission statement.

3 0
2 years ago
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