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Nookie1986 [14]
3 years ago
10

What is the correct answer If marginal cost is rising in a competitive firm's short-run production process and its average varia

ble cost is falling as output is increased, then
a.marginal cost is above average variable cost.
b.marginal cost is below average fixed cost.
c.marginal cost is below average variable cost.
d.average fixed cost is constant.
Business
1 answer:
Misha Larkins [42]3 years ago
4 0

Answer:

c.marginal cost is below average variable cost.

Explanation:

The marginal cost is falling due to the diminishing returns to scale which causes the cost to rise, and followed by the constant returns the increasing returns to the variable factors causes the marginal cost to fall below the average variable cost.

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Team members can collaborate on ideas using telepresence. <br> a. True <br> b. False
Kisachek [45]
That statment is true
Telepresence is a tool that allow each team members to communicate with one another even though they're located far apart.
Actually,  if this tool is used correctly, it enhance team's capability to pay attention to a certain individual when he/he is talking about their ideas for the group
8 0
3 years ago
The ability to automatically detect the occurrence of an abnormality, thereby helping achieve quality at the source, is?
Sever21 [200]

 The ability to automatically detect the occurrence of an abnormality, thereby helping achieve quality at the source, is jidoka

Therefore, Jidoka's definition is best understood as "automation". This means manual automation or autonomous automation. The origin of Jidoka can be traced back to Toyota Motor Corporation, which was founded by Sakichi Toyoda as a textile manufacturer.

A famous example of Jidoka is his Model G for Toyoda Automatic Loom, invented and patented in 1925 by Sakichi Toyoda (1867–1930). This is one of the many looms invented by this inventor, but perhaps his most famous. This loom could be operated almost unmanned. Jul 31, 2018

Automation is a commonly used term in Lean Manufacturing, widely considered one of the pillars of the Toyota Production System, the other being Just in Time (JIT). The term "Jidoka" is often used to impress others, but the idea behind it is less common outside of Toyota.

Learn more about jidoka here

brainly.com/question/162683

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3 0
2 years ago
Nice Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales Selli
attashe74 [19]

Answer:

Therefore, the change in total contribution margin is equal to change in net operating income, so there is no change in fixed expenses  and will not be affected.

Explanation:

The computation as per given question is given below:-

Variable cost per unit

= $48 + $65

= $113

Contribution margin per unit

= $240 - $113

= $127

Unit Monthly sales

= 1,500 + 240

= 1,740

Total contribution margin

= 1,740 × $127

= $220,980

Total contribution margin

= 1,500 × $192

= $288,000

So, change in total contribution margin and net operating income

= $288,000 - $220,980

= $67,020

Therefore, the change in total contribution margin is equal to change in net operating income, so there is no change in fixed expenses  and will not be affected.

6 0
3 years ago
The basic model of pure competition reviewed in this chapter finds that in the long run all firms in a purely competitive indust
Helen [10]

If all firms only earn a normal profit in the long run, firms will develop new products or lower-cost production methods because they can innovate and possibly earn an economic profit in the short run.

Explanation:

Competition involves constant efforts by companies and executives to do more than the loss (normal gains) of new goods or by improving ways to manufacture current products at lower prices. Therefore, if businesses can invent, they will achieve short-term economic advantage.

Economic benefit encourages entry, economic losses lead to exit and firms in a highly profitable market earn little economic income in a long-term equilibrium. In an industry where inflation does not change the costs of materials (a market with a constant cost), the long-term supply curve is a horizontal line.

7 0
3 years ago
What is the meaning of deplation​
slava [35]

Answer: The meaning of depletion to allocate the cost of extracting natural resources like oil and minerals from the earth.

Explanation:

  • The term depletion is a concept generally we use in tax and accounting.
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5 0
3 years ago
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