Answer:
<u>DISECONOMIES OF</u> scale exist when inputs are increased by some percentage and output increases by a smaller percentage, whereas <u>CONSTANT RETURNS OF</u> scale exist when inputs are increased by some percentage and output increases by the same percentage.
Explanation:
In microeconomics, diseconomies of scale happen when you need more inputs to produce the same amounts of output. This concept follows the theory of decreasing marginal returns, since a 1% increase in inputs produces a smaller than 1% increase in output.
Constant returns of scale happen when you need the same amount of inputs to produce a constant amount of output, a 1% increase in inputs results in a 1% increase in outputs.
Answer: True, False
Explanation:
Perfectly competitive market is governed by the following characteristics,
a. Identical/homogeneous goods
b. Large number of buyers and sellers
c. Free entry and exit
d. Perfect information
Therefore, the above statement is <em>true</em> that in a perfectly competitive market, all producers sell identical goods or services. Additionally, there are many buyers and sellers. Because of these two characteristics, both buyers and sellers in perfectly competitive markets are <em>price takers</em>.
The market for digital cable does exhibit the two primary characteristics that define perfectly competitive markets. Firms in a digital cable market have to sell the same product (like the channels they offer), they need to set the same price. Thus, the statement is <em>false</em>.
Answer:
a. True
Explanation:
The real option should be used in the decision that made for the capital investment in order to rise the worth of the project. So it rise the capital investment value for the project. Also a real option in a capital asset provides the right to the investing firm but not the liability to purchase or sell or transform the asset at a fixed price
Therefore the given statement is true
The debt of state and local government is mostly an external debt.
The financial obligations of the government sector are known as a nation’s gross government debt, often known as public debt or sovereign debt Government borrowing over time is mostly due to prior shortfalls in the budget. When a government’s expenses exceed its receipts, a deficit results. Both domestic and foreign residents may be subject to government debt.
Public debt management is the process of creating and implementing a strategy for managing the government's debt to raise the required amount of funding, and meet other goals of government.
Global government debt in 2020 was estimated to be worth $87.4 US trillion, The percentage of government debt in total debt (which includes corporate and family debt) reached its highest level since the 1960s, close to 40%.
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The situation may be disturbing, but solutions should not usually be based on emotion. Your first interpretation of the situation may not be the only valid view.
Don't try to sugarcoat the truth. It's best to be open and honest about what happened and what you're going to do to make it right. Remember that your attitude and the clarity of your message are two very important factors in this conversation. Be open, clear, and honest.
Bad news can be effectively clarified and explained by communicating it directly. D. Verbal communication of bad news includes instructions for later reference by the recipient of the bad news.
It's important to be open, honest, and empathetic. Provide all the facts you have and give your employees the time they need to digest the news and ask questions. Guarantee that you will do your best.
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