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ANEK [815]
3 years ago
7

If a higher level of production allows workers to specialize in particular tasks, a firm will likely exhibit ________ of scale a

nd ________ average total cost.a. economies, fallingb. economies, risingc. diseconomies, fallingd. diseconomies, rising
Business
1 answer:
pshichka [43]3 years ago
8 0

Answer:

a. economies, falling

Explanation:

If a higher level of production allows workers to specialize in particular tasks, a firm will likely exhibit economies of scale and falling average total cost.

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Attorneys who work for a company and are part of the executive or mid-level management team are specifically referred to as ____
Ann [662]

Answer:

In house counsel

Explanation:

In house counsel handle of legal matters of the firm, policy, tax and regulatory matters or may occupy managerial positions

7 0
3 years ago
[preparing trial balance] I am suppose to be preparing a trial balance but base on the accounts and information I have, I have t
LuckyWell [14K]
[preparing trial balance] I am suppose to be preparing a trial balance but base on the accounts and information I have, I have the cost amounts for two years. How would I do that?
3 0
3 years ago
State the following statement is True or False, and explain why. Thor who lives in Montana purchased a car produced in Japan for
Likurg_2 [28]

Answer:

false

His purchase left GDP unchanged

Consumption of non durables would increase.

Also, net export would decrease.

these effects would cancel out

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

3 0
3 years ago
Recently, the level of gdp has declined by $60 billion in an economy where the marginal propensity to consume is 0.75. aggregate
Paha777 [63]

Answer:

a. $45 billion.

Explanation:

The aggregate expenditures must have fallen by = 0.75*$65 billion

                                                                                   = $45 billion

Therefore, The aggregate expenditures must have fallen by $45 billion.

8 0
3 years ago
The Digby Company has just purchased $40,900,000 of plant and equipment that has an estimated useful life of 15 years. The expec
Igoryamba

Answer:

$4,908,000

Explanation:

The computation of accumulated depreciation expense for this purchase is shown below:-

Depreciation expense = ((Cost of machine - Salvage) ÷ Estimated useful life of machine)

= (($40,900,000 - $4,090,000) ÷ 15) × 2

= $36,810,000 ÷ 15 × 2

= $4,908,000

Therefore for computing the depreciation expense we simply applied the above formula.

6 0
3 years ago
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