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3 years ago

Economies of scale:

Business

1 answer:

gregori [183]3 years ago

5 0

Answer:

are achieved when a firm reduces its average cost of production as it produces more.

Explanation:

Economies of scale is reduction in the average cost as production increases due to the large size of the firm which makes it more efficient.

It is large firms that enjoy economies of scale.

Economies of scale can be achieved by buying supplies in large quantities. When firms buy in large quantities, they enjoy discounts which reduces their average cost. This is a form of internal economies of scale.

I hope my answer helps you.

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Sémeuo is a German transnational food and beverage company. Recently, some of the products were rejected by the quality control

marin [14]

Answer:

D, a pareto diagram

Explanation:

The pareto diagram was named after the discoverer of the diagram/technique, Vilfredo Pareto. He used the diagram in his study of wealth and poverty in Europe in the 1900s.

The pareto diagram is a bar chart that ranks related events in decreasing other of occurrence. It contains both a bar and line graph. The individual events are recorded by the bar while the total event is recorded by the line graphs.

In the above question, for Clarissa to identify defects, she has to use Pareto diagram which will have the defects represented by the bar and the total production process by the line graph. This helps her to find out the stage in production where the defects started from and how much effect it has onn the production process.

Cheers.

4 0

3 years ago

Lightning strikes a home and starts a fire that destroys the structure and its contents. The lightning is the?

LenaWriter [7]

Lightning strikes home and starts a fire that destroys the structure and its contents. The lighting is the Proximate cause.

Subrogation is the term that describes most insurance companies' right to sue against a third party who has caused damage to the insured. This is done to recover the amount of damage paid to the insured by the insurance company for the damage.

The replacement cost covers the retail cost of replacing a broken, damaged, or lost item. The advantage here can be seen in the personal computer example. For example, his $1,500 laptop, purchased two years ago, is worth less than it is now brand new.

Umbrella policies are typically sold for minimum coverage of $1 million, but insurers offer these policies in increments of up to $5 million and sometimes in $100 million increments.

Learn more about Proximate cause here brainly.com/question/14925660

#SPJ4

4 0

10 months ago

What is the difference between a shortage and scarcity?

velikii [3]

<span>The difference between scarcity an shortage is that a scarcity is something that occurs naturally due to limitations on the resources that have no way to be replenished. A shortage comes from a condition in the market when a certain good is set at a certain price. So the correct answer is B.</span>

7 0

3 years ago

Read 2 more answers

Concord Corporation planned to use 1 yard of plastic per unit budgeted at $91 a yard. However, the plastic actually cost $90 per

Greeley [361]

Answer:

Total Material Variance = $10,060 Unfavorable

Explanation:

Provided Information,

Standard budgeted unit of raw material = 1 yard

Standard price per unit = $91.00

Actual price per yard = $91.00

Actual units produced = 4,600

Actual yards of plastic used = 4,660 yards

Standard yards for actual production = 4,600 $\times$ 1 yard = 4,600

Total Material Variance = Standard Cost for actual output - Actual Cost

Standard Cost = 4,600 $\times$ $90 = $414,000

Actual Cost = 4,660 $\times$ $91 = $424,060

Total Material Variance = $414,000 - $424,060 = - $10,060

Since value is negative as actual cost is more than budgeted, the variance is unfavorable.

Final Answer

Total Material Variance = $10,060 Unfavorable

8 0

3 years ago

Nicolas maduro is the leader of what country, which is struggling with a major economic crisis that includes incredibly high inf

irga5000 [103]

Nicolas Maduro is the leader of Venezuela.

5 0

3 years ago