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
erastova [34]
3 years ago
10

Economies of scale arise when a. an economy is self-sufficient in production. b. individuals in a society are self-sufficient. c

. fixed costs are large relative to variable costs. d. workers are able to specialize in a particular task
Business
1 answer:
Marianna [84]3 years ago
4 0

Answer:

d. workers are able to specialize in a particular task.

Explanation:

In Microeconomics, economies of scale can be defined as cost reductions or cost advantages that arises when a business entity is increases its  production or are large in size.

This ultimately implies that, when an organization chooses a convenient scale of operation or reduce its scale of production, this would lead to a reduction in the cost of production and consequently, some benefits such as lower long-run average cost, increased sales, profits and lower cost price for the consumers of these finished products.

Generally, economies of scale arise when workers are able to specialize in a particular task. This is so because having a good number of professionals and experts would increase the level of production or output, as they are quite conversant with the best method of production, time management and efficiency.

You might be interested in
Gable Inc. is a provider of home furnishings. The company uses the FIFO inventory method. The following information was taken fr
Alexus [3.1K]

Answer:

a. LIFO is the last  method of accounting for inventory by recording the most recently produced or purchases item as the item sold first . If there is an increase in the cost of the item , this would mean higher cost of goods as you would have to record the item with the higher cost as the sold item

b.  1. Income before taxes = 110,000

    2. Income tax expense = 44,000

    3. Net income  = 66,000

    4. Net cash provided by operating activities =   116,750

Explanation:

Cost of goods sold with FIFO = $1,850,000

Cost of goods sold with LIFO = $1,865,000

Extra cost using LIFO= 1,865,000 - 1,850,000 - 15,000

Income before taxes using LIFO = 125,000(FIFO amount)- 15,000 = 110,000

Income tax expense = 40% X 110,000 = 44,000

Net income  = 110,000 - 44,000 = 66,000

Net cash provided by operating activities = 123,250(fifo amount ) - 15000(extra cost of goods) + 8,500 (tax savings) = 116,750

3 0
2 years ago
Two power plants provide power to Chapel Hill residents: plant UNC and plant Duke. Both plants burn coal to produce electricity,
Sveta_85 [38]

Answer:

a. The socially efficient levels of abatement for UNC power plant is 10.

Explanation:

Note: See the attached Microsoft word file for the calculations of the anwers above.

7 0
3 years ago
barber charges $20 per haircut. The total cost for running his home-based business is $4,000 per month, which includes his salar
Lelu [443]

The minimum price that the barber must charge <em>to increase his salary to $4,000</em> for each of the 200 haircuts is <em>A. $25.</em>

Data and Calculations:

Charge per haircut = $20

Total cost per month = $4,000

Monthly salary = $3,000

Other costs per month = $1,000 ($4,000 - $3,000)

Minimum number of haircuts per month = 200

Expected monthly salary per month = $4,000

Total new monthly expenses = $5,000

Minimum price to charge per haircut = $25 ($5,000/200)

Thus, the minimum price that the barber must charge <em>to increase his salary to $4,000</em> without increasing the number of haircuts is $25.

Learn more: brainly.com/question/14872023

6 0
3 years ago
What is an advantage of a sales force consisting of expatriate sales representatives?
Bas_tet [7]

Answer:

you loose sales

Explanation:

hope this helps

7 0
2 years ago
Keenan has won the lottery for $10,000,000. He is offered a cash payment now of $7,500,000, or 10 annual payments of $1,000,000.
Katarina [22]

Answer:

a) 5,6%

b)$16 191 937.48

Explanation:

Download docx
7 0
3 years ago
Other questions:
  • A company's sales forecast would likely consider all of the following factors except:
    10·1 answer
  • Chandra spent part of her workday booking flights and accommodations for her vacation next month. she tells herself that this is
    12·1 answer
  • Identify a realistic scenario that poses both fallacious and valid arguments.
    7·1 answer
  • Accounting for pensions receives more attention in the United States (US) than in other countries. Discuss reasons that would ex
    14·1 answer
  • What could you do if your expenses each month continue to be more than your income ?
    11·1 answer
  • Beginning with __________, a body of law has grown that requires organizations to provide employees with nonhazardous working co
    5·1 answer
  • An article in the Wall Street Journal discussed the views of Canadian Minister of Finance Joe Oliver on the effect of falling oi
    8·1 answer
  • If the us wants to help the economy should it print more money? Why or not.
    15·1 answer
  • Which of the following skills do employers in any field expect their employees<br> to have?
    11·2 answers
  • Farrah, a regional manager for an hvac equipment retailer, received an e-mail from the ceo outlining the new goal of decreasing
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!