Answer: b. increasing returns to scale.
Explanation:
With the high capital costs having enabled decreasing average costs for any conceivable level of demand, the company would be making an increasing returns to scale which means that it would be making more return per capital spent.
This will create a natural monopoly because the company will be more efficient in this particular industry and if another company tried to come in, they would have to spend a lot of money to get to a point of increasing returns to scale.
Answer: $20,000
Explanation: This question deals with Compensated Absence.
A compensated absence refers to paid holidays and other paid time off. According to accounting principles, expenses are recognized in the same period they are incurred. When it comes to compensated absences that are deferred to a later year (or period), the amount must be recorded as a liability in the year they are incurred.
Because of this, $40,000 (an average of $800 per week for a total of 500 vacation weeks) will be charged to 2021 expense as a liability.
The amount of salaries expense related to 2022 compensated absence is the average 5% pay rise in 2022.
The amount is therefore 5% X $800 X 500 weeks = $20,000
Answer:
Opportunity cost 900,000
Explanation:
The opportunity cost is the cost of the best alternative rejected, in order to do the pcurrent porohect.
The student, if picked to return on collegue, the opportunity cost will be the rejected baseball team or the rejected football team.
In this case, given two alternatives:
one for 20,000
and one for 900,000
the opportunity cost will be of 900,000 as is the best alternative
The opportunity cost for return to college will use this cost.
Answer:
o inferior
Explanation:
The inferior goods shown the inverse relationship between the demand and the income. If the demand of the goods is increased so the income would fall and if the demand of the goods fall so the income would rises
So this represent that the good is an inferior good
Hence, the second option is correct
The right to trade in investment over a certain period of time is called C. Option.
