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Olegator [25]
3 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]3 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.

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ompany X and company Z are planning to merge their business into one and are seeking regulatory approval. What is the most likel
ArbitrLikvidat [17]

Answer: The newly created firms is able to take advantage of economies of scale.

Explanation:

A merger is an agreement whereby two companies come together and pool their resources together in order to form one company and achieve same organizational goals.

One main reason why companies merge together is in order to achieve economies of scale. This is the reduction in cost as a result of the expansion and increase in production level.

4 0
3 years ago
An auction house charges a commission of 15% on the first $50,000 of the sale price of an item, plus 10% on the amount of of the
yKpoI14uk [10]

Answer:

C. $215,000

Explanation:

The statement indicates that on the first $50,000 the auction house charges 15%, which means that for the first $50,000 the house charged:

$50,000*0,15%= $7,500

From the total commission of $24,000, $7,500 were for the first $50,000.

$24,000-$7,500= $16,500

Now, you have to determine the amount in excess of $50,000 from which the house charged the remaining $16,500. So, you have that an x amount multiplied for 10% or 0,10 is equal to $16,500:

x*0,10= 16,500

x= 16,500/0,10= 165,000

You have determined that the house charged $7,500 on the first $50,000 and $16,500 on $165,000 which means that the price of the painting is:

$50,000+$165,000= $215,000

7 0
3 years ago
The "ideal" business, according to Richard Buskirk of the University of Southern California:
Alexeev081 [22]

Richard Buskirk said that the ideal business would have no employees or minimal labor requirements. He said the business owners should do everything yourself, subcontract the rest, because this avoid benefits, labor hassles, government reporting.

He is advocating for a one-man show.

4 0
3 years ago
The Federal Application for Student Aid (FAFSA) form:
Zigmanuir [339]
The FAFSA otherwise known as the Federal Application for Student Aid is a way for college students to apply for financial aid (loans and grants) from the federal government. You can complete the FAFSA either online or submit through the mail (postal service). It is required that in order to get aid for each year, you must fill out a new form each year. Therefore, the answer is D.
7 0
3 years ago
A company borrowed $40,300 cash from the bank and signed a 3-year note at 10% annual interest. The present value of an annuity f
Paraphin [41]

Answer:

$16,204.91

Explanation:

The computation of the annual payments would be equal to

= Borrowed amount from the bank ÷ present value of an annuity factor for 3 years at 10%

= $40,300 ÷ 2.4869

= $16,204.91

We simply divide the borrowed amount from the bank by the present value of an annuity factor for 3 years at 10 so that the accurate amount can come.

All other information which is given is not relevant. Hence, ignored it

5 0
3 years ago
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