Answer:
It has broadened the marketing efforts to include a wider customer base which could improve sales.
Explanation:
Advertising to a broader customer base will both convince that larger customer base that the company has something to offer. For many, the obvious diversity awareness of the company will be an additional factor attracting increased sales and a more diverse hiring pool.
Explanation:
Monotonic transformation refers to changing the quantity of both the variables in a way that their ranking or order is preserved. Monotonic transformation of a utility function does not change the marginal rate of substitution as the order of preferences remains intact with the monotonic transformation. It's just the level of utility that either increases or decreases with such a transformation. The indifference curve shape remains the same. With monotonic transformation, consumer moves from a lower to higher or higher to lower indifference curve.
Answer:
$138,000
Explanation:
The computation of the cost of Raw Materials Purchased is shown below:
= Direct materials used + ending direct material inventory - beginning direct material inventory
= $130,000 + $40,000 - $32,000
= $138,000
Simply we added the ending direct material inventory and deduct the beginning direct material inventory to the direct material used so that the accurate amount can come
According to Alan Blinder, 11% of companies reported economies of scale. economies of scale mean the cost of production decreases with the increase in the production output. According to Alan Blinder monopoly companies and other big companies with huge production units enjoy economies of scale
Economies of scale refer to the phenomenon in which the average cost per unit of output decreases as the size or scale of the output produced by a firm increases.
This is an example of a natural monopoly. The most efficient number of companies is one. Further economies of scale arise when manufacturing complex products such as automobiles. The manufacturing process involves various complex steps.
There are two types of economies of scale: internal economies of scale and external economies of scale. Internal economies of scale are firm-specific or internally created, while external economies of scale arise from larger changes outside the firm. Both lead to a lower marginal cost of production, but the net effect is the same.
Learn more about economies of scale here: brainly.com/question/780900
#SPJ4
