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SpyIntel [72]
2 years ago
8

The term economies of scale refers to the fact that as the:

Business
1 answer:
frutty [35]2 years ago
7 0

Answer:

quantity of product produced in a given period increases, the cost of manufacturing each unit decreases

Explanation:

Economies of scale happens when the average total cost (variable + fixed production costs per unit) decreases as total output increases. This generally takes place because fixed costs are the same for a small number of units produced or a large number of units produced, so the average fixed cost per unit tend to decrease as more units are produced (at least up to certain point). Variable production costs per unit can also decrease as total output increases since materials might be purchased in larger quantities resulting in higher discounts or labor productivity increases.

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Which of the following would be considered a sound piece of advice to help build your self-confidence?
fomenos

Answer:

d. all of the above.

Explanation:

Self-confidence is when you believe in yourself, your abilities, your skills and your experience. Activities like positive thinking, training your mind, acquiring knowledge/skills, practicing how to talk to other people, etc, are various ways to help improve your confidence.

Therefore setting challenges and achievable goals, ignoring negative people and taking self inventory are all various ways to build self confidence.

6 0
3 years ago
Read 2 more answers
A company has the following accrual-basis balances at the end of its first year of operation: Un-earned consulting fees $ 2,000,
nlexa [21]

Answer:  

D. $23,500.

Explanation:

Company’s cash-basis consulting revenue

= Consulting fee revenue - Consulting fees receivable  +  Unearned consulting fees

= $25,000 - $3,500 + $2,000

= $23,500

Therefore, The company’s cash-basis consulting revenue is $23,500.

7 0
2 years ago
In the context of a business where products and services are offered to customers, demand is created by the?
Vesna [10]

In the context of a business where products and services are offered to customers, demand is created by the customers.

This is further explained below.

<h3>What are customers?</h3>

Generally, In the context of a company that provides goods and services to consumers, the demand for such goods and services is generated by the customers themselves.

In conclusion, the Customer is the receiver of an item, service, product, or idea that was gained from a seller, vendor, or supplier through a financial transaction or exchange for money or some other valued consideration. The term "customer" is used in the contexts of sales, commerce, and economics.

Read more about customers

brainly.com/question/13472502

#SPJ1

3 0
1 year ago
The McDonald's fast-food restaurant on campus sells an average of 4,000 quarter-pound hamburgers each week. Hamburger patties ar
Gre4nikov [31]

Answer:

a. 148.57 for the year.

b. 2.45 days

Explanation:

a. Each  hamburger patties cost $1.00 a pound and 4,000 quater pounds are supplied per week. 4 quater pounds make up 1 pound so;

= 4,000/4

= 1,000 pounds are supplied per week.

Inventory turnover = Cost of goods sold for the year/ Average Inventory

= ( Pounds per week * cost per pound * number of weeks in year)/ Average inventory

= ( 1,000 * 1 * 52) / 350

= 148.57 for the year.

b. Average Days of Supply = Average Inventory/cost of goods sold

= 350/( 1,000 * 1 * 52)

= 0.00673 per year

To convert to days multiply by;

= 0.006730 * 52 weeks * 7 days

= ‭2.44972‬

= 2.45 days

4 0
2 years ago
1. Jim is beginning his research on franchise businesses in order to find one that meets his needsA quick, easy way get general
zysi [14]

ok there are way to much questions can you simplify this question just by a little bit

5 0
2 years ago
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