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Natalka [10]
1 year ago
13

For each of the following examples, explain whether it is a case of external or internal economies of scale:

Business
1 answer:
777dan777 [17]1 year ago
8 0

Whether it is a case of external or internal economies of scale:

A. A number of firms doing contract research for the drug industry are concentrated

Larger changes within the industry lead to external economies of scale, so as the industry expands, the average cost of doing business decreases.

when external economies of scale exist?

External economies of scale take place when an industry as a whole expands and businesses profit from lower long-term average costs. External economies of scale are also known as advantageous external outcomes of industrial development.

An external economy of scale is shared by competitors, internal economies of scale provide larger competitive advantages.

To learn more about external economies refer to:

brainly.com/question/20354469

#SPJ9

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____________ occurs when a seller takes on various digital identities by opening up several email accounts and bids on his or he
Aleksandr-060686 [28]

Answer:

Shill bidding

Explanation:

Shill bidding occurs when a seller takes on various digital identities by opening up several email accounts and bids on his or her own items multiple times to prompt genuine bidders to provide a much higher bid for an item than they would have done otherwise

5 0
3 years ago
Which of the following most accurately reflects the concept of depreciation as used in accounting? a. The process of charging th
mixer [17]

Answer:

B. The process of allocating the cost of tangible assets to expense in a systematic and rational manner to those periods expected to benefit from the use of the asset.

Explanation:

A piece of equipment will cost a lot of money, but should also last for a long time. Accounting depreciation breaks the cost of the equipment (or any asset) into predictable, mathematically determined amounts so that the costs can be "spread out" over the many years that you use it rather than just when you first purchase it.

3 0
4 years ago
If you deposit $5,000 4 years from today, how much can you withdraw 10 years from today if interest is 7 percent per year compou
Alex73 [517]

Answer:

$12,892.67

Explanation:

Given:

Deposit amount (P) = $5,000

Interest Rate(I) = 7% (compounded annually) = 7/100 = 0.07

Number of years (n) = 10+4 = 14 years

Amount (A)=?

Calculation:

A = P (1 + I)^n\\    = 5,000 (1+0.07)^{14}\\    = 5,000(1.07)^{14}\\=5,000(2.57853415)\\=12,892.6708

Amount = $12,892.67

So, we get $12,892.67 , 10 years from today.

7 0
3 years ago
What is true about taxes?
Romashka [77]
The answer is b because that’s how the government get paid.
3 0
3 years ago
In a statement of cash flows, if used equipment is sold at a loss, the amount shown as a cash inflow from investing activities e
Ostrovityanka [42]

Answer:

(B) less the loss

Explanation:

The statement of cash flows records the cash element of transactions irrespective of their nature, be it operational, investing or financing.

Thus when an asset is sold at a loss, the cash received from the sale of the asset is recorded in the statement of cash flow.

The cash received = carrying amount less the loss on the sale.

Other elements of the sale will be recorded as follows:

  • Loss on sale will be recognized in the profit/loss account
  • The carrying amount will be deducted from total equipment in the statement of financial position
  • The accumulated depreciation related to the equipment will also be deducted from total accumulated depreciation of all equipment.
3 0
3 years ago
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