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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.

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Suppose you just bought an annuity with 9 annual payments of $15,400 at the current interest rate of 11 percent per year. a. Wha
Dafna11 [192]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Suppose you just bought an annuity with 9 annual payments of $15,400 at the current interest rate of 11 percent per year.

First, we need to determine the final value with the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Then, we can calculate the present value with the following formula:

PV= FV/(1+i)^n

A)i=11%

FV= {15400*[(1.11^9)-1]}/0.11

FV= $218,125.17

PV= 218,125.17/(1.11^9)= $85,270.53

B) i= 6%

FV= {15400*[(1.06^9)-1]}/0.06

FV= $176,966.27

PV= 176,966.27/(1.06^9)= $104,746.06

C) i= 16%

FV= $269,785.02

PV= $70,940.77

3 0
2 years ago
How is a line of credit similar to a credit card
xxMikexx [17]
They both have preset limits
8 0
3 years ago
Effective managers understand the importance of clear communication using different channels to advance the _________ strategy.
algol13

Effective managers understand the importance of clear communication and hence use different channels to advance the<u> organizational communication strategy</u>

<u></u>

<h3>What is a communication strategy?</h3>

<u></u>

Communication strategy refers to the plans for speaking statistics associated with a selected issue, event, situation, or audience. They function as the blueprints for speaking with the public, stakeholders, or maybe colleagues.

<u></u>

Therefore, Effective managers understand the importance of clear communication and hence use different channels to advance the<u> organizational communication strategy</u>

<u></u>

Learn more about Communication strategy:

brainly.com/question/14426871

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4 0
1 year ago
A market situation where a small number of sellers compose the entire industry is called
Nadusha1986 [10]

Answer:

The correct answer is: oligopoly.

Explanation:

A market structure where there are only a few firms is called an oligopoly market. These firms can be producing either identical products or differentiated products.  

Because of few firms, there is a high degree of competition in the market. The firms are price makers and face a downward sloping curve.  

There is interdependence in the market such that the economic decisions of a firm affects the price, profits and output level of its rivals. So the firms have to consider the reaction of its rivals before making an economic decision.

4 0
3 years ago
Concord Corporation produces 5000 units of part A12E. The following costs were incurred for that level of production: Direct mat
mart [117]

Answer:

b. $85,000

Explanation:

First, we should prepare the analysis of cost savings if the company buys outside.

Analysis of cost and savings

Purchase (5,000 units × $68) = ($340,000)

Savings

Variable cost = $80,000

Fixed cost = $175,000

Net income effect

($85,000)

The effect is a decrease in net income by $85,000.

7 0
3 years ago
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