Answer:
D economies of scale.
Explanation:
Economies of scale are cost advantages obtained with cost per unit of output reducing with an increasing scale.
Economies of scale occur when average costs begin to fall as output increases.
If the firm finds out it could reduce its long-run average total cost by increasing output, then it is experiencing economies of scale.
Answer:
The interest expense will be recorded when the first interest payment is made $3720
Explanation:
Interest expense = issue price x market rate x n/12
= 62000 x 12 x 6/12
= $3720
Answer: $75,000
Explanation:
Net Cash inflow refers to the actual cash that came into the company less the cash that went out.
Net cash inflow = Cash inflow - Cash outflow
= Cash from sales + Cash from receivables collection - cash wages
= 70,000 + 35,000 - 30,000
= $75,000
Answer:
The answer is 3. Quantity of output is higher that it was previously
Explanation:
A perfectly competitive firm acts as a price taker, so its calculation of total revenue is made by taking the given market price and multiplying it by the quantity of output that the firms chooses.
Answer:
The correct option is slow growth in productivity
Explanation:
The United States experienced slow growth in average income between the 1970s to 1980s, more than three decades after the second World War. However the gap between the highly paid and the low-paid workers have been steadily on the increase. Of all the reasons behind this, the major stand-out reason was the slow growth in productivity experienced in the United States as a result of the recession at that time.