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emmasim [6.3K]
3 years ago
8

In two to four sentences, explain economies of scale.

Business
1 answer:
Svetlanka [38]3 years ago
5 0

The reduction in long-run average and marginal costs arising from an increase in size of an operating unit (a factory or plant, for example). Economics of scale can be internal to an organization (cost reduction due to technological and management factors) or external (cost reduction due to the effect of technology in an industry).



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Freedom Inc. has 40 employees within Denver City and County. All of the employees worked a predominant number of hours within th
Paraphin [41]

Answer:

the employee and company Occupational Privilege Tax for these employees is $92.00 and $64.00 respectively

Explanation:

The computation of the  employee and company Occupational Privilege Tax for these employees is shown below:

The Total amount with held from employees is

= 16 × $5.75

= $92.00

And, the total amount to be paid by the employer is

=16 × $4.00

= $64.00

hence, the employee and company Occupational Privilege Tax for these employees is $92.00 and $64.00 respectively

The same is relevant

5 0
3 years ago
The law of comparative advantage indicates thata. specialization and exchange will permit trading partners to maximize their joi
Oliga [24]

Answer:

The correct answer is option a.

Explanation:

The law of comparative advantage states that a country should produce and export that product in which it experiences comparatively lower opportunity costs. The countries will be said to be specializing in the production of goods and services that they can produce at a relatively lower opportunity cost.  

If two countries produce and exchange the goods they specialize in, they will be able to jointly produce more and consume more than they could individually.

3 0
3 years ago
When bernard madoff used money from newer investors to pay off older ones, this was an example of ____?
marissa [1.9K]
It is a case of an ethical dilemma. These are circumstances in which there is a decision to be made between two choices, neither of which settle the circumstance in a morally satisfactory manner. In such cases, societal and individual moral rules can give no tasteful result to the chooser.
3 0
3 years ago
Smokecity, Inc., manufactures barbeque smokers. Based on past experience, smoke city has found that it’s total annual overhead c
Molodets [167]

Answer:

569800

Explanation:

8 0
3 years ago
A banking system with a reserve ratio of 20% and a change in reserves of $1 million can increase its total demand deposits by:A.
blondinia [14]

Answer: option B is correct

Explanation: In simple words demand deposit is similar to those funds held in a checking account. Demand deposits serves as the base of the money supply of the country.

Demand deposit can be computed using following formula :-

=\:\frac{demand\:deposit}{required\:reserve\:ratio}

=\:\frac{1,000,000}{20\%}=\:\$5,000,000

3 0
3 years ago
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