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
djyliett [7]
3 years ago
12

. If a higher level of production allows workers to specialize in particular tasks, a firm will likely exhibit ___ of scale and

____ average total cost. a. Economies; falling b. Economies; raising c. Diseconomies; falling d. Diseconomies; raising
Business
1 answer:
snow_lady [41]3 years ago
3 0

Answer:

a. Economies; falling

Explanation:

Economies of scale: It is referred to as the reduction in cost due to an increase in the scale of production. Due to efficient production, the company is able to gain a cost advantage. It also helps the consumer to enjoy lowering the price of goods in the market, which lead to an increase in demand for goods.

There are two types of economies of scale:

Internal economies of scale- It includes technical and efficient production, good management, efficient procurement, etc.

External economies of scale- It includes government policies, support and taxation policy.

Therefore in the given case, the firm is likely to exhibit Economies of scale and falling average total cost.

You might be interested in
Abe owns a dog; the dog's barking annoys Abe's neighbor, Jenny. Suppose that the benefit of owning the dog is worth $200 to Abe
umka2103 [35]

Answer:

Jenny pays Abe $300 to give the dog to his parents who live on an isolated farm

Explanation:

The answer is already stated within the question, but I'll provide  the explanation.

In order to reach a solution, Jenny would have to offer Abe an amount to get rid of the dog that is more than Abe's benefit of owning the dog, which is $200.

On the other hand, since Jenny bears a cost of $400 from the bark, she would only be willing to spend as much as $400 to resolve the situation. Therefore, the acceptable range for the amount of the agreement for both parts is:

$200 < X < $400.

Since $300 is within that range. Jenny paying Abe $300 to give the dog to his parents is a possible solution.

6 0
3 years ago
Read 2 more answers
The first step in the screening process for potential markets and sites is to a. Identify the basic appeal of a market b. Select
koban [17]

C. The first step in the screening process for potential markets and sites is to identify the basic appeal of a market.

Identifying whether there is a fundamental demand for a business's product is the first step in looking for potential markets. screening process  plays a key role in determining this fundamental appeal.

Then it also helps in choosing where to market or produce goods would be simple if all countries' business environments were the same. Managers could rely on statistics that track the state of the local economy and examine projected returns on investments.

To learn more about screening process refer here:

brainly.com/question/28099572

#SPJ4

6 0
1 year ago
To make sure that a manufacturing process meets the acceptable standards and procedures is quality
Harlamova29_29 [7]

Answer:

ASSURANCE should go in the blank.

8 0
3 years ago
A _____________ is a company that has a proven business model and is willing to sell the rights to use the business model to oth
scoundrel [369]

Answer: Franchise

                       

Explanation: In simple words, a franchise refers to an arrangement under which one entity allows other entity to use its business models, procedures and intellectual properties etc, in return of any loyalty or other such benefit.

This is a common arrangement nowadays and is usually used by the organisations to operate their business globally.

Hence from the above we can conclude that the correct answer is franchise.

6 0
3 years ago
The managing activity of organizing
lukranit [14]

Answer:

A). determines groups and assigns work activities

Explanation:

Organizing is the function of management that allows development of an organizational structure and allocate the work activities to ensure the completion of objectives.

The managing activity of organizing determines the groups suitable for the objective and the assign task or work on the basis of skills and other parameters to the groups.

Hence, the correct answer is "A)".

4 0
2 years ago
Other questions:
  • A manufactured product has the following information for June. Standard Actual Direct materials (5 lbs. @ $7 per lb.) 39,400 lbs
    15·1 answer
  • Without uttering a word, an audience can be quieted by holding up the palm of your hand to calm a noisy crowd. this is the nonve
    13·1 answer
  • Which of the following statements includes the most useful guidance for practicing accountants concerning the FASB Accounting St
    14·1 answer
  • What is the role of the three questions of economics?
    6·2 answers
  • A Nash equilibrium occurs when:____
    11·1 answer
  • All of the following are key characteristics of a monopolistically competitive industry except A. a differentiated product. B. a
    15·1 answer
  • Mullineaux Corporation has a target capital structure of 70 percent common stock and 30 percent debt. Its costs of equity is 15
    14·1 answer
  • Wages expense Wages payable Utilities expense Accounts payable Unearned service revenue Service revenue Equipment Intangible ass
    5·1 answer
  • Pilgrim Company applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the under
    8·1 answer
  • Offering false statements in a contract is fraud in the inception. True False
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!