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3 years ago

In two to four sentences, explain economies of scale.

1 answer:

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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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A manufacturer of clothing apparel currently sells its products at Neiman Marcus and Dillard's. A new survey shows that a majori

GaryK [48]

Answer:

This manufacturer should have to take the option of dropping Dillard's and including Macy's and Saks Fifth Avenue.

Explanation:

When manufacturers produce, they do so for the sake of gains and profits. A larger market provides bigger profits compared to a smaller one.

This question tells us that this manufacturer has a greater number of customers looking to get there products at Neiman Marcus, Macy's, and Saks Fifth Avenue. So since these places would provide him a bigger market, so he should partner with these retail markets (Neiman Marcus, Macy's, and Saks Fifth Avenue) and drop the market with just few customers (dillards).

7 0

3 years ago

Suppose the government introduces a $4 per unit tax on the supply of automobile tires (suppliers are responsible for submitting

omeli [17]

Answer:

The correct answer is: price elasticity of supply and demand.

Explanation:

The government introduces a $4 per unit tax on the supply of automobile tires. The tax is imposed on the suppliers. The effect of the imposition of tax will remain the same whether the incidence falls on the buyer or seller. The imposition of tax will lead to an increase in the price of the commodity.

The burden shared by the buyers and sellers depends on the elasticity of demand and supply. If demand is more elastic than the supply, the supplier will bear the greater burden and vice versa.

6 0

3 years ago

At year-end, Stick Company has cash of $ 15 comma 000, current accounts receivable of $ 30 comma 000, merchandise inventory o

tia_tia [17]

Answer:

0.75 times

Explanation:

The computation of the acid test ratio is shown below:

Quick ratio = Quick assets ÷ total current liabilities

where,

Quick assets = Account receivable + cash balance

= $30,000 + $15,000

= $45,000

And, the current liabilities is $60,000

Now put these values to the above formula

So, the value would equal to

= $45,000 ÷ $60,000

= 0.75 times

6 0

3 years ago

Data centers are built upon ------------------ commodity hardware and designed with ------------------ architectures A. standard

vaieri [72.5K]

Answer:

Option D: Standardized, modular

Explanation:

Data center in simple terms is said to be a part of a building set aside for a particular purpose (designated space within a building) that is meant or use for holding or housing computers and also it related parts or components.

A modular data center has easy way of deploying data center capacity as it can be placed anywhere data capacity is needed.standardization in data center helps equipment providers and data center builders to reduce timelines of deploymentr as standardized designs gives a lot of options that helps with countless combinations and permutations.

8 0

3 years ago

Bonds Payable has a balance of $1,000,000 and Discount on Bonds Payable has a balance of $15,500. If the issuing corporation red

sineoko [7]

Answer:

Loss on Redemption = $500

Explanation:

Gain or Loss on redemption:

Par value of Bonds $1,000,000

Less: Discount on bonds $15,500

Book Value of Bonds $984,500

Less: Redemption value $985,000 ($1,000,000 * 98.50%)

Loss on Redemption $500

8 0

3 years ago