Answer:
B.
Explanation:
It seems most reasonable.
Answer:
The correct answer is B,false
Explanation:
Opportunity cost is naturally the cost of alternative forgone,that is the benefits ignored as a result of taking a particular course of action.
Obviously,the opportunity cost of the bouffe to Betty is the practicing calculus problems for her math examination that she could not partake in.
The opportunity cost would only be the practicing session missed if Betty was able to pass the examination,otherwise the opportunity becomes bigger if she fails the exam to include the costs of paying and preparing for another examination
Answer:
The correct answer is letter "A": to ask if the industry's growth and profit prospects are strongly attractive to potential entry candidates.
Explanation:
The worldwide economy has allowed firms to expand their operations benefiting them by exploring new markets and increasing their number of customers, thus, generating more revenue. Before the firm decides to go ahead with the venture, <em>a market analysis must be performed to determine if the industry in the target country is growing and facilitates the operation of the business to ensure profits.</em>
Answer:
C. A giant mixing container costs twice as much to operate as a small one but can mix 6 times as much dough daily
Explanation:
Economies of scale refers to a state when increase in the output results out of lower average costs. The operation of such a phase results out of, the total cost getting spread over large number of units of production in the long run.
Economies of scale results when the operations of a business expand due to which a firm can buy in bulk, avail more discounts and concessions from the seller for inputs and the efficiency of the labor rises.
In the given case, if the bakery decides to purchase a giant mixing container, it might lead to economies of scale given the fact, with respect to costs, the revenues shall rise more.
Since the giant mixer is capable of mixing six times as much dough daily, it would lead to a reduction in the average cost accompanied by an increase in the output and thereby lead to economies of scale.
Considering the gas and food about $250
