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3 years ago

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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At a price of $1.00, a local coffee shop is willing to supply 100 cinnamon rolls per day. At a price of $1.20, the coffee shop w

Julli [10]

Answer:

2.2

Explanation:

The formula for calculating price elasticity using the midpoint method is:

midpoint method = {(Q2 - Q1) / [(Q2 + Q1) / 2]} / {(P2 - P1) / [(P2 + P1) / 2]}

midpoint method = {(150 - 100) / [(150 + 100) / 2]} / {(1.20 - 1) / [(1.20 + 1) / 2]}

midpoint method = [50 / (250 / 2)] / [0.20 / (2.20 / 2)] = (50 / 125) / (0.20 / 1.1)

midpoint method = 0.4 / 0.19 = 2.2

The advantage of using the midpoint method to calculate price elasticity is that we can calculate the price elasticity between two points, and it doesn't matter if the price increases or decreases.

If we calculate price elasticity using the single point formula:

price elasticity = % change in quantity supplied / % change in price = 50% / 20% = 2.5

7 0

3 years ago

80 points! Please help!! You have been invited to give a speech at a local restaurant. The person who is hosting the event has a

lesya [120]

Answer:

I would think about what I could use to get my audiences attention and something that would be interesting for everyone so that everyone can learn something.

Explanation:

5 0

3 years ago

The basic work of managers in the hospitality industry calls for: a. Being able to perform each job in the organization and make

Tamiku [17]

Answer:

d. Making the guest welcome, making the operation run correctly, keeping control operating costs.

Explanation:

The basic work of managers in the hospitality industry calls for: Making the guest welcome, making the operation run correctly, keeping control operating costs.

The hospitality industry's backbone is comprised of customer service, it is the foundation and cornerstone of all segments of the industry. A business may focus on one or all facets of hospitality but the level of success achieved is dependent on how well the managers and staff, are serving their customers.

8 0

3 years ago

Crane Company uses the gross profit method to estimate inventory for monthly reporting purposes. Presented below is information

MakcuM [25]

Answer:

f br s vevrvrvrrvbtbtbtbtbtbttbtbtbbt

Explanation:

hello exd drxrxrcrcrcrcrcrcggggg

4 0

3 years ago

Equipment that was purchased for $900,000 has a current book value of $450,000. Assume a capital gains tax rate of 28%. Compute

natita [175]

Answer:

there is an increase in taxes of $52,192

Explanation:

The computation of the net payment or saving is shown below:

Given that

Book value = $450,000

Sale value = $636,400

since the sales value is more than the book value so here the capital profit is there

Therefore capital profit would be

= $636,400 - $450,000

= $186,400

Now tax would be

= $186,400 × 28%

= $52,192

So there is an increase in taxes of $52,192

7 0

3 years ago