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Bezzdna [24]
3 years ago
12

If there are 10 plants producing the total domestic consumption of a product and each plant is operating at minimum efficient sc

ale, then each plant accounts for what percentage of domestic consumption?
A. 5 percent
B. 10 percent
C. 20 percent
D. 25 percent
Business
1 answer:
tatiyna3 years ago
3 0

Answer:

The correct answer is B. If there are 10 plants producing the total domestic consumption of a product and each plant is operating at minimum efficient scale, then each plant accounts for 10 percent of domestic consumption.

Explanation:

It is understood that the total consumption of a product is 100% of it. Therefore, as long as there are 10 plants that, producing at a minimum efficiency scale on an equal basis, cover this total consumption, the percentage of consumption that each plant produces will be 10%.

This is so because 100/10 = 10, provided that it is considered that the production is carried out equitably between each of the production plants.

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melamori03 [73]

<span>The marginal propensity to consume is a metric that quantifies the concept of increase in consumption with an increase in income. Mathematically MPC is defined as:</span>

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Change in income = $20 billion

<span>Therefore the government should increase the tax collection by $20 billion.</span>
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<u>Solution and Explanation:</u>

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It is done at the end post project completion with data and results .

 

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3 years ago
A canadian agent has an existing client who goes on vacation to Seattle, Washington. The agent wishes to contact the customer in
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Answer:

The exception is due to vacation.

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Explanation:

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777dan777 [17]

Answer:

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Explanation:

In the given question, the numbering of the choices is missing, which is defined in the attached file please find it.

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