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meriva
3 years ago
6

​if, when a firm doubles all its​ inputs, its average cost of production​ increases, then production displays

Business
1 answer:
inysia [295]3 years ago
5 0
The answer fam is............... A) Economies of scale
You might be interested in
Consider four types of markets: monopoly, perfect competition, oligopoly, and monopolistic competition. If they were ranked from
artcher [175]

Answer:

Monopoly

Oligopoly

monopolistic competition

Perfect competition

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.    

A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopolistic competition has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.

examples of monopolistic competition are restaurants  

A monopoly is when there is only one firm operating in an industry. there is usually high barriers to entry of firms. the demand curve is downward sloping. it sets the price for its goods and services.

An example of a monopoly is an utility company

An oligopoly is when there are few large firms operating in an industry. there is high barriers to entry and exit of firms

5 0
3 years ago
Which of the following statements concerning the selection of risk management techniques and insurance market conditions is (are
valentinak56 [21]

Answer:

I.It's easier to purchase affordable insurance during a "soft" market than during a "hard" market

I only

Explanation:

When a purchaser of insurance wants to make a purchase he analyses the market to get a favourable condition that reduces risk and loss.

The market condition can be a soft market or hard market.

Soft market is one in which potential sellers are more than potential buyers. So supply exceeds demand. Buyers are able to buy affordable insurance.

Hard market on the other hand is when there is an upswing in market cycle. Premiums increase and capacity for insurance decreases.

It is more difficult to get affordable insurance in this market

6 0
4 years ago
Cosmetic Profits. Sally is the executive vice president of Big Name Cosmetics Company. Through important and material, nonpublic
Natali5045456 [20]

Answer:

A. She is guilty of insider trading because she tipped information

Explanation:

From the question, there was an

unlawful committed by Sally as a result of her giving an information about inside to Alice which was her friend. Giving away that confidential information may give room

to Intruders to tip off which leads to another unlawful act such as Check Kitting case, which can be regarded as theft as well as larceny and this brings about outsider having chance to get non-existing funds.

4 0
3 years ago
Assume the market for manufactured houses is in equilibrium. Imagine that trade restrictions increased the cost of cement, which
xeze [42]

Answer: f. Supply of manufactured houses shifts leftward and manufactured houses increase in price

Explanation:

All else being equal, when the price of an input into the production process increases, it makes producing the goods in question more expensive and so producers will respond by reducing production levels to maintain Profitability.

As the price of cement rises, making manufactured houses becomes more expensive and so the makers of manufactured houses will reduce the number of manufactured houses they make. This will reduce Supply thereby shifting the Supply Curve to the left. The new Equilibrium level will indicate a higher Equilibrium price as shown in the attached graph.

7 0
3 years ago
Karl and Kara own a business that specializes in providing outdoor adventure experiences for tourists. They employ a staff of ei
Ganezh [65]

Answer: Needs assessment

Explanation:

Your question isn't well written as you've already given the answer to the question which is needs assessment.

A needs assessment is used for determining the needs as well as addressing the needs between the present conditions and the desired conditions.

The main purpose of needs assessment is in order to know the people whom are in need and the types of needs.

7 0
3 years ago
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