All categories

2 years ago

Economies of scale imply that within some range one can increase the size of operation and?

1 answer:

3 0

Economies of scale imply that within some range one can increase the size of operation and the average total cost will go down.

<h3>What is Economies of scale?</h3>

In microeconomics, economies of scale refer to the cost advantages that businesses experience as a result of their size of operation.
These cost advantages are often quantified by the amount of output generated in a given amount of time. An expansion in scale is made possible by a drop in the cost per unit of output.
There are two different kinds of economies of scale: internal and external.
When compared to external economies of scale, which arise as a result of more significant developments outside the organization, internal economies of scale are firm-specific or created inside.
Despite the fact that both lead to lowering marginal costs of production, the overall consequence is the same.

Learn more about Economies of scale here:

brainly.com/question/23633985

#SPJ4

You might be interested in

Mr. Barker enjoys a comfortable retirement income. He recently had surgery and expected that he would have certain services and

olasank [31]

Answer:

What you could tell him is that you can offer to help him review all the plans appeal process as well as to help him ask the plan to review his coverage decision which will enable him to know why he had large charges in excess of his maximum out-of-pocket limit.

Explanation:

Based on the information given we were told that when he received the bill, their was large charges in excess of his maximum out-of-pocket limit which is a limit on the amount of money a person or an individual have to pay for covered medical care services in which we were still told that the large charges in excess of his maximum out-of-pocket limit also include a number of services and items he thought would be fully covered, therefore since he called you to ask what he could do, What you could tell him is that you will offer to help him review all the plans appeal process and to as well help him to ask the plan to review the coverage decision which is why coverage decision is of benefit because it enables a person or an individual to makes decision about their benefits including the amount they have to pay for their medical services plan.

6 0

3 years ago

Lorenzo is self employed with an s corporation. he is unmarried and had a net profit for the tax year. what are the tax ramifica

ziro4ka [17]

<span>Lorenzo would be required to pay all of his premiums regardless since he is self employed. Since he is self employed he should be able to deduct these premiums at the end of the year</span>

7 0

3 years ago

Mention ONE other source of wealth other than inheritance

Cloud [144]

Answer:

Power is another source other than inheritance.

Hope this helped you!

Explanation:

6 0

3 years ago

Read 2 more answers

________ appeals help consumers make purchase decisions by offering factual information that encourages consumers to evaluate th

VikaD [51]

Informational Appeals help consumers make purchase decisions by offering factual information that encourages consumers to evaluate the brand favorably on the basis of the key benefits it provides.

<h3>What is Informational Appeals ?</h3>

It allows you to showcase the product's qualities and the benefits that a buyer will gain when using the goods. It is an effective method of persuading them that your product is something they truly require and can use. Con: Informative advertisements can be boring.

Aristotle proposed three types of argumentation arguments: logical, ethical, and emotional appeals.

Ebooks, "How-to" videos, blogs, and brochures are all examples of informational marketing because they provide a detailed description of a service or product and what makes it unique in the business.

To know more about Informational Appeals follow the link:

brainly.com/question/2570305

#SPJ4

4 0

1 year ago

Monitor Muffler sells franchise arrangements throughout the United States and Canada. Under a franchise agreement, Monitor recei

Sliva [168]

Answer:

1. $163,800

2. Dr Cash $ 89,000

Dr Notes receivable $ 671,000

Cr Deferred revenue $ 760,000

3. $ 607,120

Explanation:

1. Computation of the amount that Monitor would calculate as the stand-alone selling price

Total amount of franchise agreement $760,000

Less: stand-alone selling price of training $ (18,200)

Less: stand-alone selling price of building and equip $ (578,000)

Stand-alone selling price of five-year right $163,800

2. Preparation of journal entry that Monitor would record on July 1, 2016,

Dr Cash $ 89,000

Dr Notes receivable $ 671,000

(760,000-89,000)

Cr Deferred revenue $ 760,000

3. Calculation for the amount of revenue that Monitor would recognize in the year ended December 31, 2016,

Revenue to be recognised on:

1st Sep 2021:

Training $ 18,200

Building and Equipment sale $ 578,000

31st Dec 2021:

$163,800/60 Months*4 Months $ 10,920

Total Revenue to be recognized $ 607,120

Note that five-year will give us 60 months (5*12months and September to December will give us 4 months

6 0

3 years ago