Answer:
Option B, Reduce average costs, is the right answer.
Explanation:
Option B is correct because if there is an increasing return to scale that means the firm is using additional inputs and the use of these inputs increases the output in greater proportionate than the proportionate increase in inputs. Moreover, the output of the company will increase. Consequently, the total cost will also increase but the average cost of production will fall.
Answer: Domestication.
Explanation:
Domestication is a method of contoling foreign investment in a country by setting limits to what a foreigner can own in a country. Domestication ensures that the owners of major investments in a country are majorly citizens of that country.
Answer: 60 miles
If it goes 30 miles per hour, then it would go 60 miles in two hours.
Answer:
a short-run equilibrium but not a long-run equilibrium.
Explanation:
The long run aggregate supply and aggregate demand when intersect they determine the economy level of equilibrium. This will determine real level of GDP and prices in the long run. The short run supply curve is upward sloping. It determines the quantity of the output that will be produced at each level of price in the short run.
Answer:
a
First stage allocation of overhead costs to the activity cost pools
Making Awnings Job Support Other Total
Production Overhead 67500 60000 22500 150000
Office Expenses 8000 65000 27000 100000
b
Activity rates (cost per unit of activity)
Making Awnings Job Support
Production Overhead (Cost/annual activity) 13.5 300
Office Expenses (8000/5000)(65000/200) 1.6 325
Find attachments for c and d part.
