Answer:
Companies can achieve economies of scale by increasing production and lowering costs. This happens because costs are spread over a larger number of goods. Costs can be both fixed and variable. ... The larger the business, the more the cost savings.
Answer:
The correct answer is A) the substitution effect
Explanation:
In other words, the substitution effect is when sales fall because the consumers change into cheaper alternatives when its price rises.
Answer:
False
Explanation:
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FICA is a payroll deductions that is required by law. Correct answer:C FICA is an acronym for "Federal Insurance Contributions Act." and denotes the money you pay in taxes is not held in a personal account for you to use when you get benefits.
The Federal Insurance Contributions Act (FICA) is a U.S. law .
