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3 years ago

In the long run, if inputs are increased by 10 percent and output increases by 20 percent, then __________ are said to exist.

1 answer:

8 0

In the long run, if inputs are increased by 10 percent and output increases by 20 percent, then diseconomies of scale are said to exist. It is because diseconomies of scale is likely to happen in the long run for a business with increasing inputs without decreasing the cost of production. It can happen when the increase in production is dependent on one part that needs to be completed but there is a delay on producing the parts. Another reason is that the cost of shipping may increase base on how far will be the distance and the weight of the product.

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3 years ago

The CEO of a multinational company finds that profits are drastically decreasing. He realizes that employees need to be immediat

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The CEO should use videoconference. In general, one should deliver straightforward and routine communications through less rich media and challenging and unique messages through richer media.

<h3><u>What are the advantages of Media in Business?</u></h3>

Helps in getting more awareness about the business to the employees, clients and public.
Cheap way of communication
With the advent of social media, advertisements can be made easy and conveniently
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1 year ago

I am thirteen and need to make money what should I do?

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Answer:

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Explanation:

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2 years ago

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Russell Co. received a $520 utility bill for the current month's electricity. It is not due until the end of the next month whic

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Answer:

Journal Entry to reflect the event is as follow;

Dr. Cr.

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Explanation:

Utility bill is received it means the expense is accrued and it is not due until the month end so a liability will be created and will be paid next month.

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3 years ago

Which best describes the idea behind the "invisible hand"? producers decide what to make for consumers, which guides the economy

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The invisible hand is the phrase initiated by Adam Smith as the economic theory. The idea behind the invisible hand has been the development of the policy by the government guiding the economy.

<h3>Who was Adam Smith?</h3>

Adam Smith was the Scottish economist of the eighteenth century. In his book, "The Wealth of Nations" he introduced the phrase the invisible hand.

The idea has been the development of the policies by the government as the invisible hand for the producers and the consumers that made the guide to the economy.

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2 years ago