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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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Argue that use of english is important to chartered accountant​
ICE Princess25 [194]

Explanation:

There are several ways that a CA aspirant can become fluent in the English language. The best way is to take short-term English language classes that will give some fluency in English. There are several such English courses available from leading institutes in India. Also, you can take simple online English language courses to improve English language fluency.

English language fluency is important for CA aspirants. It’s not only necessary to pass all exams to become a CA but also in your routine work, after becoming a CA. Hence, learning English and becoming fluent in this language is very important.

4 0
3 years ago
Assume the government sets a price ceiling, or maximum price800 rent per month Based on the graphwhat will be the outcome of thi
Semmy [17]

The outcome of the ceiling price $800 rent is that the quantity supplied will remains at the same.

<h3>What is a price ceiling?</h3>

This refers to a price order by the government that keeps a price from rising above a certain level known as the “ceiling”.

In the graph, the horizontal line at the price of $800 shows the maximum price set by the rent control law.

The forces that shifted the demand curve to the right are still there, but, at this price, the quantity supplied will remains at the same 15,000 rental units although the quantity demanded is 19,000 rental units.

Read more about price ceiling

<em>brainly.com/question/2759444</em>

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5 0
2 years ago
U.S. Products operates two divisions with the following sales and expense information for the month of July: East Division: Sale
Zarrin [17]

Answer:

Explanation:

East division segment margin = Contribution margin - Direct fixed expense

Contribution margin = $240,000*35% = $84,000

Direct fixed expenses = $48,000

So segment margin is  84,000 - 48000   = $36000

Answer is option A

3 0
3 years ago
When a company recognizes cost of goods sold, how does that event impact the elements of the financial statements? (Ignore the e
jarptica [38.1K]

Answer:

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;'

;';/".mk,..;

Explanation:

b ,  m, ./

6 0
3 years ago
A baker is interested in buying 5000 bushels of wheat on September 2020. He has a target price of $3.15/bushel and wants to hedg
Alborosie

Answer:

Long 5 November fates for wheat today, counterbalance position on September 2020, purchase wheat in the spot showcase in September 2020.

Explanation:

The risk included is upward development in the value, the helpful situation in prospects would be taking long position. Since, the fates are accessible for November month, take long situation on November and balance the situation in September by taking short situation for November month and purchase the wheat in the spot market.  

3 0
3 years ago
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