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
Ganezh [65]
3 years ago
14

JudyJudy hires students at ​$5050 a day to mow lawnsmow lawns. SheShe leases equipment that costs ​$8080 a day. Suppose that Jud

yJudy doubles the number of students sheshe hires and doubles the amount of equipment that sheshe leases. If JudyJudy experiences diseconomies of scalediseconomies of scale​, herher ​long-run average cost curve​ ______. A. is horizontal B. shifts upward C. slopes downwardslopes downward D. slopes upwardslopes upward E. shifts downwa
Business
1 answer:
Vsevolod [243]3 years ago
5 0

Answer:

D. slopes upward

Explanation:

if Judy experiences diseconomies of scale this means the return for adding further factor into the economy decreases. Therefore the marginal cost increase more than the marginal revenue from the added factor.

His average cost curve will shift upwards. Each time Judy adds equipment and workers his cost increase more than the previous worker or equipment.

<u>Resuming:</u>

Producing an additional units is more expensive than the previous unit therefore, the average cost increases through units output.

You might be interested in
Which of the following is true of a partnership?
Readme [11.4K]

Answer: Option (B)

Explanation:

A partnership is referred to as or known as an arrangement where organizations, parties, business partners, tend to agree to cooperate with each other in order to advance the mutual interests they have. These partners that are in partnership may tend to be businesses, individuals, organizations, governments. Organizations tend to partner in order to increase their likelihood of achieving the mission and also amplify reach.

4 0
3 years ago
Why must a monopoly supply a good or service that has no close substitute
butalik [34]

Answer:

Because a monopoly is when one person or buisness provides a good or service that people can't get anywhere else so they can continue to make money.

Explanation:

5 0
2 years ago
A personal tax cut of $50 billion will affect income differently than an increase in government spending by $50 billion because:
Bess [88]

Answer:

C) Households may save part of the additional income from the tax cut

Explanation:

When we consider the total household income there is always a major part that is spent, this is called propensity to consume. It is defined as the proportion of total income that consumers are willing to spend.

But propensity to consume doesn't include 100% of household income, there also exists the propensity to save. That is the exact opposite, is the proportion of our income that we will save for future use.

Luckily for us all, the propensity to spend is usually much higher than the propensity to save. We have to remember that private consumption represents nearly 70% of the nation's GDP.

What households save goes to investment in GDP. Investment is always needed but it represents future growth of the GDP while consumption represents current growth of the GDP.

8 0
3 years ago
Analysis of a company's financial statements: Below are simplified versions of the balance sheet and income statement for Toys b
il63 [147K]

Answer:

The answer is:

A 15% increase in inventory turns for Toys by Tom, Inc. would bring this ratio to 4.8 times, suggesting improvement in efficiency.

Explanation:

We have the current Inventory turnover = COGS / Inventory = 41,700/10,000 = 4.17 times

=> An 15% increase in the Inventory turnover will bring the Inventory turnover ratio to: 4.17 x 1.15 = 4.8 times;

Increasing in inventory turnover may be the result of higher sales ( thus higher COGS) or low level of inventory holding - thus limiting the resources spending on idle inventory. So, higher level of inventory turnover in someways suggesting improvement in efficiency.

6 0
3 years ago
The relationship between a product line and product mix is Multiple Choice there is no significant difference other than minor p
Mars2501 [29]

Answer:

product mixes include product lines.

Explanation:

The product line is a group of products that are interrelated as they satisfy the needs and also they are used together and are sold to the similar customer group via similar outlets

It involved the product line that are offered by the company

Therefore according to the given situation, last one is correct answer

And, the same would be relevant

4 0
2 years ago
Other questions:
  • In an organization with a(n)__________, the parent company and all the subsidiaries work together in designing policies, procedu
    5·1 answer
  • The people on Coral Island buy only juice and cloth. The CPI basket contains the quantities bought in 2013. The average househol
    14·2 answers
  • The goal of ________ research is to describe things, such as the market potential for a product or the demographics and attitude
    13·1 answer
  • Which of the following statements is false?a. When properly used, either nonstatistical or statistical sampling can be effective
    9·1 answer
  • julia suffered a severe stroke and has been admitted to a private hospital where she is expected to remain for the rest of her l
    6·1 answer
  • A(n) _____ is done to test each individual component (often a program) to ensure that it is as defect-free as possible. a. user
    13·1 answer
  • Present value with periodic rates. Sam​ Hinds, a local​ dentist, is going to remodel the dental reception area and add two new w
    10·1 answer
  • Oakton Furniture provided the following information relevant to its sales for December Year 1 and the first quarter of Year 2: D
    8·1 answer
  • Nighthawk theaters has 15,000 shares of stock outstanding and projected annual free cash flows of $48,200, $57,900, $71,300, and
    8·1 answer
  • A very safe stock investment that generally attracts conservative investors is called a ________ stock. the dow 30 is made up of
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!