1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Kay [80]
3 years ago
11

3. What is meant by economy of scale? Why would costs be im pacted by the quantity of garment that is produced?

Business
1 answer:
Anit [1.1K]3 years ago
6 0

Answer:

Economies of Scale refer to the cost advantage experienced by a firm when it increases its level of output. The advantage arises due to the inverse relationship between per-unit fixed cost and the quantity produced. The greater the quantity of output produced, the lower the per-unit fixed cost.

Explanation:

You might be interested in
Samuelson will produce 20,000 units in January using level production. If each unit costs $500 to manufacture, what is the dolla
Likurg_2 [28]

Answer:

The dollar value of ending inventory is $7.500.000

Explanation:

To calculate the dollar value of ending inventory you need to use the next formula:

End inventory= (Beginning inventory + production - sales).$

In this case:

- Beginning inventory: 10.000 units

- January Production: 20.000 units

- Sales: 15.000 units

End inventory= 10000+20000-15000

End inventory= 15.000 units

Dollar value= 150000 . $500= $7.500.000

5 0
3 years ago
Granfield Company is considering eliminating its backpack division, which reported an operating loss for the recent year of $42,
maxonik [38]

Find the given attachment

8 0
3 years ago
Involuntary unemployment occurs when the wage rate is below the equilibrium wage rate. exists when there is an excess quantity o
Natali5045456 [20]

Answer:

exists when there is an excess quantity of labor supplied.

Explanation:

Involuntary unemployment is the situtation in which the labor actually work and also work at the prescribed wage rate in that time when the job is not getting

It could be arise when there is a lacking of the aggregate demand or total demand also when there is a excess of labor supply

so according to the given situation, the second option is correct

3 0
2 years ago
Service companies and notminusforminusprofit organizations​ ________. A. can use CVP by focusing on measuring the​ organization'
frutty [35]

Answer:

A. can use CVP by focusing on measuring the​ organization's output

Explanation:

Service companies and not-for-profit organizations​ can use CVP by focusing on measuring the​ organization's output.

Cost Volume Profit Analysis bothers on the profitability of company's output, whether it be a product manufacturing company or a service-rendering company.

In the case of a service company, Cost Volume Profit will be computed as: Profit = Service Price - Cost to provide service.

4 0
3 years ago
Read 2 more answers
Suppose the federal government increases spending without also increasing taxes In a closed economy' setting this policy will (1
Leona [35]

Answer:

idk

Explanation:

7 0
3 years ago
Other questions:
  • The lowest school dropout rate in the united states in 2008 occurred for:
    14·1 answer
  • A court is likely to find that the state’s interest in reducing illegal drug activity, along with the associated criminal activi
    5·1 answer
  • Amber's employer, Lavender, Inc., has a § 401(k) plan that permits salary deferral elections by its employees. Amber's salary is
    11·1 answer
  • PLEASE HELP ME ASAP PLEASE!!!!
    11·1 answer
  • Live Trap Corporation received the data below for its rodent cage production unit.
    9·1 answer
  • "In 2020, a customer buys a 3 3/4% U.S. Government bond maturing in 2029 at 104-16. The customer elects to amortize the bond pre
    14·1 answer
  • You have a two-stock portfolio. One stock has an expected return of 12% and a standard deviation of 24%. The other has an expect
    8·1 answer
  • How much interest is earned in just the third year on a $1,000 deposit that earns 7% interest compounded annually?
    15·1 answer
  • According to ______, market participants immediately change their actions in response to anticipated price-level changes, such t
    14·1 answer
  • Who first discovered America?
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!