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s2008m [1.1K]
3 years ago
6

If the total cost of producing 10 jets is $28 million and the total cost of producing 11 jets is $30 million, this firm is exper

iencing
Business
1 answer:
nata0808 [166]3 years ago
4 0

Answer:

Economies of scale in the range of 10 to 11 jets.

Explanation:

This firm is experiencing economies of scale, this happens when as a firm or company increases production, the advantage in costs that it receives. There is an inverse relationship between the fixed cost per unit of each jet produced and the number of jet produced. The production of these jets have thereby become efficient from producing 10 at 28m and 11 at 30million.

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Answer: Moderate or low

Explanation:

Tests of Control are one by auditors to determine the effectiveness of the internal controls in the company in being able to detect accounting errors and anomalies.

If a company seems to have a moderate or low inherent risk the Auditors may or may not initiate Tests of Control due to this reduced risk.

If the company however, has either high or moderate or unusually high risk, the Auditors have to perform Tests of Control to determine where the company is going wrong.

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3 years ago
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Hey there!

The correct answer to your question is option A.

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3 years ago
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Assume that while the budget balance in Conania changes from positive to negative, capital inflow in Conania also decreases. How
Aleks [24]

Answer and Explanation:

In the case when the budget balance of the Conania varies i.e. from positive to negative so the capital inflow would decrease

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4 0
3 years ago
1. The art of being a good Chemical Engineer lies in being a good mathematician, a good chemist, and a good mechanic – all simul
KengaRu [80]

Answer:

y_{oe}=0.5x+0.15\\y_{ce}=1.25x^2+0.1\\\\

for minimum cost the intersection point should be calculated i-e

0.5x+0.15=1.25x^2+0.1\\\\1.25x^2-0.5x-0.5=0\\

By using calculator

x_1=0.4828\\x_2=-0.4828

As x can't be negative so x=0.4828

It's the minimum value because as we decrease the operating cost further the capital value will increase so this is the minimum value.

Graphical solution:

5 0
4 years ago
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