Answer:
b) The average cost must be rising.
Explanation:
Assuming that the entity produce 4 units and its total cost is $16 so average cost per unit is $4 and now the same entity has produced the 5th unit at $5 so the average cost now per unit is (16+5)/5=$4.2
So based on the above discussion, it can be concluded that average cost increase when the marginal cost of production is increased.
So the answer is b) The average cost must be rising.
Answer:
$230,825
Explanation:
VU = [$56,700 × (1 - .35)] / .162
VU= $56,700×0.65/.162
VU=36,855/.162
VU = $227,500
VL = $227,500 + .35($9,500)
VL= $227,500+$3,325
VL= $230,825
Answer:
Multiple choice organizations can use socialisation tactics to promote ethical behavior.
Explanation:
Among the options enlisted, using socialisation tactics to promote ethical behavior is the most correct as a basis for establishing organizational socialization research.
Organizational socialization basically involves the procedures an organization and/or individual undergo to acquire necessary skills, attitudes, right conducts and behaviors to become in order to become more productive. Going by the foregoing, it can be established that the singular objective of organizational socialization is on how an organization will be the best of itself ethically and/or otherwise. The procedures ensure an all rounded look into organizational and/or individuals experience from the kick off to the eventual exit. The socialization aspect is critical as organization well being is a function of how ethically and morally sound the environment.
Hence, promoting ethical behavior using multiple choice organizations is the most critical and true about applying organization socialization research.
Answer:
increasing returns to scale
Explanation:
The biggest barrier for other firms are increasing returns to scale. This is because Eric and Chris have their company already established and also have their clientele all hooked up and using their service. This allows them to produce a much higher electrical output for their clients with a certain Income. Newer companies will need a much higher income just to be able to produce a similar electrical output in order to try and compete with Eric and Chris.