Answer:
Costs go down
Explanation:
In Microeconomics, economies of scale can be defined as cost reductions or cost advantages that arises when a business entity is increases its production or are large in size.
This ultimately implies that, when an organization chooses a convenient scale of operation or reduce its scale of production, this would lead to a reduction in the cost of production and consequently, some benefits such as lower long-run average cost, increased sales, profits and lower cost price for the consumers of these finished products.
Furthermore, economies of scale is evident when employees are able to specialize in a specific task. This is so because having a good number of professionals and experts would increase the level of production or output, as they are quite conversant with the best method of production, time management and efficiency.
Average Total Cost (ATC) can be defined as the overall cost of production divided by total output of production. It is calculated by dividing total cost by total output of production or by adding TVC and TFC.
Generally, the shape of the average total cost (ATC) for a firm experiencing economies of scale is horizontal and downward sloping.
This ultimately implies that, for the average total cost curve of a firm with economies of scale, the costs go down as output increases.
Answer:
Here
Explanation:
One player puts one end of the stick inside the hole and holds the other end. The player uses the stick against the pin to launch the pin into the air while other players called 'fielders' try to catch the pin. If one of the fielders catch the pin in the air, the turn is over and the catcher takes the stick.
Answer:
The answer is acceptably fosters inequality through the emergence of private property.
Explanation:
The Age of Enlightenment which was also known as the Age of Reason or simply the Enlightenment, was an intellectual and philosophical movement that dominated the world of ideas in Europe during the 18th century.
Answer:
nature versus nurture
Explanation:
Sociologists, psychologists, and geneticists have always wondered if genes play a determinant role in the evolution of life of someone or if rather the cultural components around the same individual account.
How biological/genetic predispositions' impact on human traits?,
The genetic traits will often manifest as physical or internal characteristics, yet the question to which extent do they play the predominant role is widely subject of debate.
The previous century saw many to believe that genetics would account for shaping humans.
How environment influences learning and behavior?
For many, the social constructs will inevitably lead to some traits to adopt into a cultural framework that will shape attitudes and behaviours.
In the present, both the biology and the culture are today taken into consideration and a blend of the two will shape complex situations where many variables are also present
It's very dangerous and it's very hard to contain also it runs out very quickly
