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DerKrebs [107]
3 years ago
10

Which of the following is not a reason why firms experience economies of scale?

Business
1 answer:
kumpel [21]3 years ago
6 0

Answer:

The correct answer is letter "D": As output increases, the managers can begin to have difficulty coordinating the operations of their firms.

Explanation:

Economies of scale mean that production becomes more efficient as the number of goods being produced increases. In most cases, companies that achieve economies of scale lower the average cost of their products by increasing production. In economies of scale, the cost of each product can depend on the size of the industry or the size of an individual company. The larger the number of products being manufactured does not necessarily imply the most difficult the companies' operations become.

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An effective price ceiling will cause consumers to: Instructions: In order to receive full credit, you must make a selection for
photoshop1234 [79]

Answer:

gain surplus from paying a lower price

Explanation:

An effective price ceiling will cause consumers to "gain surplus from paying a lower price."

This is based on the idea that an effective price ceiling usually leads to prices being below the equilibrium price or equates to a lower price.

At this point, the buyers demand more of the products, while the sellers have a lower incentive to produce more. And therefore, the quantity demanded will exceed the quantity supplied.

Hence, consumers gain excess (more demands) by paying a lower price.

4 0
3 years ago
Advertising can play a major role in ____________and promoting cultural norms, which has drawn criticism from advocacy groups ar
trapecia [35]

Answer:

C) propagating certain cultural stereotypes

Explanation:

This is true not only for advertising but also for many mass media products. The problem is that sometimes reality is very different than the stereotypes that are portrayed.

One of the most controversial issues is the models' weight. Models tend to be usually much thinner than regular people, and that leads to a misconception that being extremely thin is good and healthy. Besides personal beauty preferences, a girl who is 5 foot 10 and weighs only 100 pounds is not healthy.

Similar issues like portraying certain family or lifestyle stereotypes may also have positive or negative effects on the audience since advertisement reaches millions of people.

3 0
3 years ago
Exercise 5-10 Lower of cost or market LO P2 Martinez Company's ending inventory includes the following items. Product Units Cost
zysi [14]

Answer:

Martinez Company

Ending inventory is:

= $8,806.

Explanation:

a) Data and Calculations:

Product       Units   Cost per Unit   Market per Unit

Helmets       27             $ 55                   $ 59

Bats             20                 83                      77

Shoes           41               100                      96

Uniforms     45                 41                       41

Lower of cost or market value Valuation:

Product       Units   Cost per Unit   Market per Unit     LCM

Helmets       27             $ 55                   $ 59               $1,485

Bats             20                 83                      77                1,540

Shoes           41               100                      96               3,936

Uniforms     45                 41                       41                1,845

Total cost of ending inventory                                    $8,806

4 0
2 years ago
You got a new job as a wedding-floral consultant. Your first client tells you that the overall theme of her wedding is romantic,
Maksim231197 [3]
The answer is huckleberry.

source the Penn foster book


6 0
3 years ago
An economist defines efficiency as: a. ​ the maximization of inputs using available resources. b. ​ the maximization of revenue
Viefleur [7K]

Answer:

d. ​ the maximization of output from available resources.

Explanation:

Efficiency is a situation where every resource is used in an optimal way to give the best possible result and eliminate waste. Efficient production is one with the lowest costs.  Economic efficiency is, therefore, the maximization of scarce resources to achieve the most economic benefit or output to consumers.

Efficiency is a relationship between inputs and output. It involves around how to use less inputs to get more value in the output. Economic efficiency focuses on the value obtained rather than quantities. It will include efficient production, efficient distribution, and efficient consumption of goods and services.

4 0
3 years ago
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