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
Olegator [25]
2 years ago
9

Economies of scale occur when a firm'sa. marginal costs are constant as output increases. b. long-run average total costs are de

creasing as output increases. c. long-run average total costs are increasing as output increases. d. marginal costs are equal to average total costs for all levels of output.
Business
1 answer:
vichka [17]2 years ago
6 0

Answer: Option (b) is correct.

Explanation:

Economics of scale occurs when a firm's long run average total costs decreases as there are more number of units produced.

Basically, economics of scale is a cost advantage that is experienced by the firms or companies by increasing the level of production.

This is happened because of the indirect relationship between the per unit fixed cost and output level. The larger the output produced results in lower per unit fixed cost.

There are two types of economies of scale that are internal and external economies of scale.

You might be interested in
​the main objective of _____ is to avoid problems or to identify them as soon as possible.
Nezavi [6.7K]
<span>The main objective of quality assurance is to avoid problems or to identify them as soon as possible. Quality assurance is making sure that a product or service maintains a set level of faulty. If more attention needs to be put on the processes to make sure that the quality stays, that's okay, but it needs to be maintained. QA is a shortened version of quality assurance and many company's have a QA team set in place so that mistakes and defects are prevented. </span>
7 0
3 years ago
The costs of bringing a corporation into existence, including legal fees and promoter fees, are called:
Novay_Z [31]

Answer:

organization expenses.

Explanation:

A corporation can be defined as a corporate organization that has facilities and owns or controls assets used for the production of goods and services in at least one country other than its headquarter (home office) located in its home country.

This ultimately implies that, a corporation is a corporate organization that owns or controls its business in two or more countries.

Some examples of multinational firms are Ap-ple, Volkswagen, G-oogle, Shoprite, Nestlé, Accenture, Shell BP, Chevron etc.

The costs of bringing a corporation into existence, including legal fees and promoter fees, are called organization expenses.

7 0
2 years ago
Research shows that most managers have characteristics that fall into two or three decision-making styles, and that decision-mak
Alex787 [66]

Answer:

False

Explanation:

There are 3 main decision making styles that most of us have regarding our normal day to day activities that includes our work and our personal lives, e.g. families and individual decisions. They are consumer, business, and personal decision making styles.

But managers, and specially true leaders have it a little more complicated. The four main decision making styles that apply to leaders are:

  1. directive: type of autocratic leadership where the leader decides everything by himself/herself
  2. conceptual: look for different alternatives and analyze each one of them
  3. consultative: seek advice from colleagues and subordinates, but the leader makes the decision
  4. consensus: seek advice from others and decisions are made by the group

The second part of the question is true; this leadership styles vary across countries, occupations and job levels.

3 0
3 years ago
ERP success depends on several key factors being met. These factors include all of the following except _________. Select one: a
bonufazy [111]

Answer:

a. Minimize change for workers

Explanation:

Enterprise Resource Planning (ERP) is a method adopted by most companies to manage and integrate the various part of their business. This ERP is based on the usage of software for easier deployment of the integration and it depends on so many factors.

<em>An ERP software system can also integrate planning, purchasing inventory, sales, marketing, finance, human resources, and more of any given business enterprise.</em>

7 0
3 years ago
Zorn Co. budgeted $600,000 of factory overhead cost for the coming year. Its plantwide allocation base, machine hours, is budget
Amanda [17]

Answer:

False.

Explanation:

Given: Total budgeted factory overhead cost = $600000.

           Plantwide allocation base=  100000 hours.

Now, finding plantwide factory overhead rate.

Formula; Plantwide factory overhead rate= \frac{total\ budgeted\ factory\ overhead\ costs }{plantwide\ allocation\ base.}

⇒ Plantwide factory overhead rate= \frac{600000}{100000} = \$ 6 per\ hours

Hence, Zorn´s plantwide factory overhead rate is $6 per hour not $3 per hour.

8 0
2 years ago
Other questions:
  • A drawback to high-velocity, automated decision-making systems is that they are unable to
    10·1 answer
  • Cycle Sporting Goods sells bicycles throughout the northeastern United States. The following data were taken from the most recen
    15·1 answer
  • What is the corruption perceptions index (cpi)?
    13·1 answer
  • A candy store sells boxes of candy containing caramels and cremes. Each box sells for $12.50 and hold 30 pieces of candy (all pi
    13·1 answer
  • Luke’s Lubricants starts business on January 1. The following operations data are available for January for the one lubricant it
    11·1 answer
  • Marshall Company purchases a machine for $840,000. The machine has an estimated residual value of $40,000. The company expects t
    10·1 answer
  • Whst is the basic purpose of any communication? A. To make a point B.To provide information C. To establish a story D. To convey
    5·2 answers
  • The folowing information applies to the questions displayed below] Hoboken Industries currently manufactures 48,000 units of par
    15·1 answer
  • Janessa wants to pay off her credit card balances within 12 months. She is trying to decide if she should use her $1,000 in savi
    14·1 answer
  • Which of the following is NOT one of the five basic functions of an
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!