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
Goshia [24]
3 years ago
13

In which of the following situations would the minimum efficient scale of operation provide little or no guidance regarding how

many firms should serve the market to minimize production costs?
Business
1 answer:
son4ous [18]3 years ago
5 0

Answer:

When the LARC (Long Run Average Cost) curve slopes downward over the relevant or material range of the output

Explanation:

LRAC stands for Long Run Average Cost, is that curve which represents the average cost, in the long period for producing a given or stated quantity of the output.

So, the one situation which will minimize the efficient scale of operation provide no guidance is when the LARC curve is downward sloping over the material range of the output. It states that the market should be served by a single firm in order to minimize the aggregate cost of the production.

You might be interested in
A typical grocery store in the United States may sell oranges grown primarily in California during part of the year and oranges
Rama09 [41]

In United States, the oranges are available round the year because the grocery stores sell oranges that are grown in locations with similar climates but different growing seasons.

<u>Explanation</u>:

Orange is a seasonal fruit. The growth of orange can be witnessed from November to April in the United States of America. The supply of orange will reach its peak during January-March.

Oranges are good source of vitamin C and are rich in nutrition. The antioxidant in the orange helps in lowering the risk of heart disease and kidney stones.

In United States, the oranges are available round the year because the grocery stores sell oranges that are grown in locations with similar climates but different growing seasons.

4 0
3 years ago
Which of the following is a retirement plan offered by banks and investment companies in which an individual can deposit money t
Makovka662 [10]
Roth IRA would be the answer.
6 0
3 years ago
Read 2 more answers
Task identity refers to: Group of answer choices the degree to which a job entails a variety of different activities, requiring
SVETLANKA909090 [29]

Answer:

the degree to which a job requires completion of an identifiable piece of work with a visible outcome.

Explanation:

According to the  Job Characteristics Model by Hackman and Oldham (1980), jobs have 5 important characteristics

<h3>The characteristics include : </h3>

1. Task identity : It involves an employee carrying out a job function from the beginning to the end rather than in bits and pieces. It involves the the degree to which a job requires completion of an identifiable piece of work with a visible outcome. Job satisfaction is higher when an employee is about to complete the whole task and not just a part of the task.

2. Task significance : the degree to which a job done impact the lives of people. They can include individuals in the organisation or in the society

3. Autonomy : the degree to which a job provides independence and discretion to an individual in scheduling the work and determining the procedures to use.

4. Feedback : the degree to which an employee receives report on the work or functions carried out in the organisation

5. Skill variety : the degree to which a job entails a variety of different activities, requiring the use of different skills and talents

4 0
3 years ago
Firms that listen to existing customers and tailor offerings based on this input are far more likely to identify potentially dis
Vladimir [108]

Answer:

The correct answer is False.

Explanation:

The keyword of the new technologies is connectivity. The satisfaction of the client will depend on the quality of said connectivity, and the efficiency and speed of the response. Accordingly, customer service is vital for subsistence and business growth, particularly with regard to digital businesses.

Digital transformation is a reality, therefore it is important to know how to apply technology to optimize customer service. Since good marketing strategies and proper customer service are key to increase sales and customer loyalty.

There are many tools that, properly implemented for customer service, will achieve excellent results for your business.

7 0
3 years ago
Marketing researchers should collect information on consumers only for the purpose of
lubasha [3.4K]
Marketing researchers should collect information on consumers only for the purpose of conducting marketing research. It is not the researchers job to sell products to a group they are collecting data on. The researchers then pass this information on the company so they can develop a marketing plan for their product/service. 
3 0
4 years ago
Other questions:
  • Arrange the steps to show the effects of contractionary fiscal policy. Tiles Inflationary pressure decreases. Government increas
    8·2 answers
  • Jake is leaving Shoe Warehouse to open his own shoe boutique. Jake currently earns $40,000 a year at Shoe Warehouse, but he is e
    11·1 answer
  • When applying for a loan, the lending institution evaluates a potential borrower's ability to complete repayment on a loan, cash
    14·1 answer
  • A three-month HP put option with an exercise price of $60 sells for a premium of $8. The put is in the money only if the price o
    12·2 answers
  • Donovan and Keith both work as line employees at the Widget Corporation plant. They are both big fans of the San Francisco Forty
    14·1 answer
  • A. property rights are closely linked to the degree with which individuals use their entrepreneurial skills.
    14·1 answer
  • Joe quits his computer programming​ job, where he was earning a salary of ​$65,000 per​ year, to start his own computer software
    9·1 answer
  • Excom sells radios and each unit carries a two-year replacement warranty. Typically, 5% of the radios sold need to be replaced c
    6·1 answer
  • Golden Eye Co., a hi-tech satellite company, has asked you to value the company for possible cross-listing in the U.S. The compa
    5·1 answer
  • Blue Spruce, Inc. is considering purchasing equipment costing $72000 with a 6-year useful life. The equipment will provide annua
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!