Cost advantages that accrue for firms with larger output because they can spread fixed costs over more units and can employ technology more efficiently are called:
<h3>What are Economies of scale?</h3>
Economies of scale is a term that is used to describe the cost advantages that a company gets because they have increased the level of production. There are different types of economies of scale.
Some of these are the financial, technical, and purchasing economies of scale. So, when the purchasing strength of the organization increases, then there is an economy of scale.
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In making the best economic choices, consumers compare the benefits of the choice to cost.
<h3>What is economic choice?</h3>
economic choice can be regarded as the decision making by the consumer to choose the kind of product that is needed by them economically.
Therefore, the consumer usually consider the cost In making the best economic choices, as well as the benefits.
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Answer: The same amount of dollars
When it comes to the financial level, a replicating portfolio as the name implies, is a repetition of specific flows of a given asset, so it must be constituted with the same resources. In this case, the same amount of cash would be needed to create the replica.
Answer: The correct answer is "He performed the audit with due diligence".
Explanation: If the purchasers prove their required elements, in general Jones will have to prove that: <u>He performed the audit with due diligence.</u>
The objective of a due diligence audit is to serve as a support and element of judgment in the process of quantitative and qualitative evaluation of acquisition or merger transactions between two or more entities. Due diligence is essential to know the value of a company.
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"1) Enroll in a college that offers the Bachelor of Social Work degree (BSW) that you can complete as an undergraduate (i.e, usually within four years). Not all colleges have a BSW major. However, most will offer a related field like sociology or psychology." - Google
Technically, A bachelor Degree of Social Work and a degree related to Sociology or psychology.
Hope this helped :)
