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tatiyna
3 years ago
14

If the marginal cost of production is greater than the average cost, in what direction must the average cost be changing, if any

?
a) The average cost must be falling.
b) The average cost must be rising.
c) The average cost is unaffected.
d) The average cost would become non-existent.
e) The average cost would equal 0.
Business
1 answer:
ziro4ka [17]3 years ago
6 0

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.

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Identify the incorrect statement about sales promotions.
Harman [31]

Answer:

a. Sales promotions have increased because of competition in emerging markets.

Explanation:

Competition in emerging markets is <u>irrelevant for sales promotions</u>. If you are present in a particular market, competition in other markets won't affect the efficiency of your sales promotions.

On the other hand, other statements are correct. Sales promotions are a great tool to hinder consumer price resistance, as they emphasize the benefits of the product and make the whole promotion more convincing.

Technology upgrades vastly affect and improve sales promotions (use of AR/VR in promotions, media, AI...). The wider market of ad agencies gives companies a better choice (with a more competitive price) of agencies that will conduct the sales promotions.

5 0
4 years ago
Complex companies adopt decentralization in order to realize all of the following benefits, except:________.
nika2105 [10]

Answer:

2. reduced record-keeping

Explanation:

The decentralization is the chain of the processes in which the proper process of all department is followed

Just like from top-level to middle level and then lower level

And, the inverse is lower level to middle level to top level.

The authority and responsibility are delegated to each level of management so that the day to day operations could be performed in a smooth, effective and efficient manner

For the complex companies who adopt decentralization, they have all the benefits like delegation, problem identification but do not reduce record keeping as it is not an easy task for every company

Hence, option 2 is correct

4 0
3 years ago
A tax placed on environmentally harmful activities or emissions in an attempt to internalize some of the externalities that may
zvonat [6]

Answer:

Green Tax

Explanation:

Based on the information provided within the question it can be said that the term that is being described in the question is called a Green Tax. Like mentioned in the question this refers to a tax that is placed on environmentally harmful activities or emissions and is done so with the intention of promoting environmentally friendly activities by punishing opposite actions.

4 0
3 years ago
In creating the Wii, how did Nintendo ensure a supply of complements that would motivate customers to adopt its new video game f
rosijanka [135]

Answer:

C. Nintendo produced a sufficient number of games to run on the Wii system

Explanation:

Nintendo Wii Launched in 2006, and as at that time, there were already some major video game players in the market like Xbox 360 and the Play Station 3.

In order to ensure dominance in the market, Nintendo decided to make available a wide variety of games for their customers.

The games made available include:

  • Games from Nintendo's flagship franchises like The Legend of Zelda, Super Mario, Pokémon, and Metroid.
  • Nintendo also expanded their game numbers by receiving third-party support from companies such as <em>Ubisoft, Sega, Square Enix, Activision Blizzard, Electronic Arts and Capcom</em>.

This made more games to be developed for Wii than for the PlayStation 3 or Xbox 360.

  • Nintendo also brought up the virtual console service that allows users to play games developed for some other consoles on the Wii. These games were distributed over the internet, and users were able to download them to an SD card or the internal memory of their Nintendo Wii console.
4 0
4 years ago
Customers arrive at Rent a Wreck and hope to score an inexpensive and unsightly vehicle to use for what typically is a short per
levacccp [35]

Answer: B- 6 minutes

Explanation: From the question above, In one hour, about 20 customers shows up at Rent a Wreck.

It takes 2 minutes to photocopy their driver's license and insurance card and take an impression of a credit card

therefore 20/2=10

in one hour which is 60 min = 60/10

=6 minutes

4 0
4 years ago
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