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3 years ago

Economies of scale occur when:

Business

1 answer:

inna [77]3 years ago

3 0

Answer:

d long-run average total costs fall as output increases.

Explanation:

Economies of scale are cost benefits enjoyed by companies when they increase production. Fixed costs are spread over the units produced. When there is a high level of production, the fixed costs are spread over a large number of goods, which reduces the cost element per unit.

Economies of scale also apply to variable costs. The expanded production increases efficiency in the production process. This reduces the average variable costs. Economies of scales can be both internal and external. When a company has economies of scale, its products tend to be more competitive in the market.

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The average total cost of producing electronic calculators in a factory is $20 at the current output level of 100 units per week

olga_2 [115]

Answer:

C. total cost is $3000

Explanation:

Fixed cost is $1000 no matter what per week.

Your output is 100 units, average cost to produce each is $20.

so 100 * $20 = $2,000

total cost is $3000

hope this helps

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3 years ago

How does the circular flow model help people see the error in believing there is a fixed lump of labor?

olganol [36]

B. Adding new people into the model means that there are more films and production increases. So, there are more goods and services, but not more households.

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3 years ago

In an ___________ stock market it will make no difference whether new stock is obtained via rights or via direct purchase.

Andru [333]

In an <u>efficient </u>stock market, it will make no difference whether a new stock is obtained via rights or via direct purchase.

Stock markets are venues where buyers and sellers meet to exchange equity shares of public corporations. Stock markets are components of a free-market economy because they enable democratized access to investor trading and exchange of capital. As a result, stock traders decided to meet at a London coffeehouse, which they used as a marketplace. Eventually, they took over the coffeehouse and, in 1773, changed its name to the "stock exchange." Thus, the first exchange, the London Stock Exchange, was founded.

Without a stock market, purchasing shares directly from a company or selling directly to new investors would be more complex and expensive.

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brainly.com/question/690070

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2 years ago

Suppose the U.S. economy is initially at long run equilibrium, when there is an unexpected large increase in the price of steel

dimulka [17.4K]

Answer:

The price hike in the price of steel would cause an inflationary push in the U.S. economy, because steel is a input to the production processes of many firms.

In this scenario, the fed would lower the money supply in order to stop the inflationary push from continuing. To do so, the fed would sell government securities.

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3 years ago

Nike Symbol/Logo

sp2606 [1]

D. All of the above

Logo- It is Nikes LOGO in other words Nike is known by that

Symbol- It symbolizes the right thing to do.....BUY NIKE PRODUCTS

Advertisement- Any big name sports star has a shoe with some type of company and everytime they create one they will eventually go on tv, in stores or online

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3 years ago

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