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ZanzabumX [31]
3 years ago
6

Economies of scope Question 21 options: stem from the cost-saving efficiencies of scattering a company's manufacturing/assembly

plants over a wider geographic area. have to do with the cost-saving efficiencies of operating across a bigger portion of an industry's total value chain. stem from cost-saving strategic fits along the value chains of related multiple businesses.
Business
2 answers:
nydimaria [60]3 years ago
7 0

Answer:

Economies of scope stem from cost-saving strategic fits along the value chains of related multiple businesses.

Explanation:

Economies of scope holds that as more and more of different but related products are produced, the unit cost it takes to produce one product will reduce.

This happens because an <em>organization that produces multiple similar products can streamline its processes and equipment such that it cuts out costs that would have been incurred if the products were produced separately</em>. For example using one equipment to produce a variety of products decreases production costs.

Similarly, <em>multiple related businesses, considering their resources, can take advantage of available opportunities they present each other, and streamline activities along their value chains to reduce costs.</em>

iVinArrow [24]3 years ago
5 0

Answer:

stem from cost-saving strategic fits along the value chains of related multiple businesses.

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Independent contractors should purchase __________ liability insurance, which provides protection from liability as a result of
nevsk [136]

Answer:

professional liability insurance

Explanation:

Professional liability insurance protects businesses (an independent contractor is a one person business) against liability resulting from errors and omissions. It covers any harm caused to a customer as a result of professional service or advice. This type of policy generally covers negligence, copyright infringement, personal injury, etc.

Professional liability insurance is generally purchased by businesses that offer the following services:

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3 years ago
English - Hey, so I'm starting a little business. I'm going to be customizing shoes. If you want a pair of shoes please tell me.
amm1812

Answer:

Sure, I'll check it out. I love fashion.

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3 years ago
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Uber is a tech company that connects its mobile phone app users who have a trip request with nearby Uber drivers who use their o
Liula [17]

Answer:

1. The price for Uber services increases.

2. The quantity of Uber services sold increases.

Explanation:

As the college students use the uber so here the number of students are rised up that means the demand is more when the semester is started i.e. the price is more

Also the uber has one attribute i.e. surge pricing which represent the law of demand and the supply. In the case when the demand is more or the supply is less the price would increase

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6 0
2 years ago
Calculating the Predetermined Overhead Rate, Applying Overhead to Production, Reconciling Overhead at the End of the Year, Adjus
Usimov [2.4K]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Estimated:

Overhead $160,000

Direct labor hours 80,000

Han uses normal costing and applies overhead based on direct labor hours.

For January, direct labor hours were 8,150.

By the end of the year, Han showed the following actual amounts:

Overhead $166,000

Direct labor hours 79,600

Assume that the unadjusted Cost of Goods Sold for Han was $176,000.

1) Predetermined overhead rate= total estimated overhead for the period/ total amount of allocation base

Predetermined overhead rate=160000/80000= $2 per hour

2) Applied overhead (January)= Predetermined overhead rate*actual hours= 2*8150= $16,300

3) Applied overhead for the year= 2*79600= $159,200

Over/under applied= actual overhead - applied overhead= 166000 - 159200= 6800 underapplied

4) COGS= 176000

Underapplied overhead= 6800

COGS adjusted= $182,800

3 0
3 years ago
Which (if any) of the following scenarios is the result of a natural monopoly? Instructions: You may select more than one answer
zheka24 [161]

Answer:

There is one train operator with service from Baltimore to Philadelphia

Explanation:

A natural monopoly occurs when there is high fixed or start-up costs of conducting a business in a specific industry meaning a sole producer provides the good efficiently.

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