Answer:
Costs go down
Explanation:
In Microeconomics, economies of scale can be defined as cost reductions or cost advantages that arises when a business entity is increases its production or are large in size.
This ultimately implies that, when an organization chooses a convenient scale of operation or reduce its scale of production, this would lead to a reduction in the cost of production and consequently, some benefits such as lower long-run average cost, increased sales, profits and lower cost price for the consumers of these finished products.
Furthermore, economies of scale is evident when employees are able to specialize in a specific task. This is so because having a good number of professionals and experts would increase the level of production or output, as they are quite conversant with the best method of production, time management and efficiency.
Average Total Cost (ATC) can be defined as the overall cost of production divided by total output of production. It is calculated by dividing total cost by total output of production or by adding TVC and TFC.
Generally, the shape of the average total cost (ATC) for a firm experiencing economies of scale is horizontal and downward sloping.
This ultimately implies that, for the average total cost curve of a firm with economies of scale, the costs go down as output increases.
Answer:
1) Support for a high Tariff to protect American industries and generate revenue for the federal government
2) Maintenance of high public land prices to generate federal revenue
3) Preservation of the Bank of the United States to stabilize the currency and rein in risky state and local banks
4) Development of a system of internal improvements (such as roads and canals) which would knit the nation together and be financed by the tariff and land sales revenues.
Human trafficking is a global problem. It affects not only the victims, but the victims families, and the lives of millions of people around the world. It is highly unethical and a simply disgusting act. Human traffickers deceive women, men and children from all corners of the world and force them into exploitative situations every day, robbing people of their self-worth and dignity.
The Mid-Term here refers to the middle of the Presidential Term, that is, the term of the president. (so they occur 2 years after the presidential election). During the elections, the seats (all of them) of the House of Representatives are chosen, and around one third of the seats in the Senate.
Answer:
c observations of many species and their geographical locations.
Explanation:
Darwin's theory of evolution by natural selection explains adaptation and speciation where the best-adapted organisms are more likely to survive. <em>This theory was inspired by the observations made by Thomas Robert Malthus that noticed that the limitations of resources leads to survivance with the formation of new species s a consequence.</em>
I hope you find this information useful and interesting! Good luck!
