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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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Which of the following is true if a company can accept a special order without affecting its regular sales and is within plant c
galina1969 [7]

Answer: Statement D

Explanation: If a company accept a special order then it must be doing so in order to gain or maximize its profits and the profits will only increase when there is an increase in net income.

Thus, statement D is correct implying that net income will increase when the sales price in greater than the variable cost.

3 0
4 years ago
An airline has 365 planes. Each plane requires routine preventative maintenance for which it is taken out of service and sent to
Yanka [14]

Answer:

D. 1168 planes/year

Explanation: Flow rate is a term used to describe the amount of a material or a particle or an equipment or a machine that enters into a given place or system in a given period of time.

The average flow rate per year of the planes into the maintenance facility is calculated as follows

Number of planes requiring 2times yearly maintenance is 40% which

is equal to (40÷100)*365planes=146planes.

The number of planes requiring 4times routine maintenance is equal to 60% which is equal to (60÷100)*365planes=219planes.

THE FLOW RATE FOR THOSE REQUIRING TWO TIMES ROUTINE MAINTENANCE WILL BE 146PLANES*2=292 FLOW RATE.

THE FLOW RATE FOR THOSE REQUIRING FOUR TIMES ROUTINE MAINTENANCE WILL BE 219PLANES*4=876PLANES

TOTAL AVERAGE FLOW RATE PER YEAR WILL BE EQUAL TO 292PLANES + 876PLANES=1168PLANES PER YEAR.

7 0
4 years ago
Kevin has just finished paying off his loan. He was assessed a service charge of $422. He paid off the principal and the interes
Bumek [7]

Kevin pay in <u>finance charges</u> the amount of approximately $787.

The weekly <em>principal and interest </em>amount are $36. 13 for 4 years. Here, the principal amount paid is $7,150.

Therefore,<u> total interest plus the principal </u>amount paid in 4 years are:

36.13*52*4\\=7515.04.

Here,<u> 52 is the total week </u>in a year that is multiplied by <u>4 years</u> and payment in one week.

The<em> service charge</em> that Kevin intended to pay was $422, which makes the total payment as:

7515.04 + 422\\=7937.04

Hence, the <u>actual finance charge</u> would be computed as below:

7937.04 - 7150\\=787.04.

Learn more about finance charge payment here:

brainly.com/question/1444028

3 0
3 years ago
5. The process of production is complete
sleet_krkn [62]

The process of production is complete when retailers prepare goods for sale to consumers. Hence, Option C is correct.

<h3>What is the production process?</h3>

Capital, labour, technology, land, and other resources are considered factors of production because they are utilised to produce output, which includes commodities and services.

One of the most crucial procedures in manufacturing is production, which is essential to understanding what it means to be a manufacturer. Without this activity, there would be nothing produced that could be sold to buyers as finished goods.

Therefore, Option C is correct.

Learn more about production process from here:

brainly.com/question/29355290

#SPJ1

7 0
1 year ago
Customer: An entity that describes a customer. An instance occurs for unique customers only using name, date of birth, and login
Tasya [4]

Answer:

1. The relationship between customer and Online - One to one

2. The relationship between customer and Satisfaction - One to many

3. The relationship between online and visits - Many to many

4. The relationship between Visits and satisfaction - Prototype

Explanation:

The relation ship with customer is often one to one. The customers are required to fill the satisfaction surveys which enable the business to understand their value in the eyes of its customers and try to improve their level of service to their customers. The customer satisfaction is important for any business as the satisfied customer may bring more customers.

5 0
3 years ago
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