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jeka57 [31]
3 years ago
7

The basic problem with the average-cost approach is that it :

Business
1 answer:
Elena L [17]3 years ago
3 0

Answer:

The correct answer is (A)

Explanation:

Average cost approach is utilised to analyse the average cost of inventory available for sale. There are various advantages of using average cost techniques, but at the same time it has few limitations. Average cost methods do not account for the cost variation in different level of outputs. Cost variation is important to account for as it can change the overall cost of estimations, and cost averages.

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Increased specialization again leads to higher standards of living for all those persons who are involved in economic exchanges.

An individual is considered to become economically specialized when he focuses on his productive efforts.

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A leftward shift in the supply curve for a good may be caused by any of the following except A. consumer expectation of an incre
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