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MrRa [10]
3 years ago
14

If your firm is operating in the negatively sloped portion of a long-run average total cost curve, then your production exhibits

: A) increasing returns to scale. B) higher wages. C) decreasing returns to scale. D) increased input prices.
Business
1 answer:
Zolol [24]3 years ago
8 0

Answer: C. Decreasing returns to scale

Explanation: Economic of scale refer to a situation where as the level of output increases, the average cost will decrease. In the case of constant return to scale here the average cost will not change as the output increases.

In this question the firm is operating in the negative sloped portion of the long-run average total cost curve, which shows that it has a "Decreasing returns to scale " .

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6 0
3 years ago
If a company wished to alter a product's platform so that the product could be manufactured in a variety of forms, to meet local
kirill115 [55]

Answer:

Core components

Explanation:

In the product component model, the core component is the area concerned with what satisfies the needs and wants of customers.

If a company wishes to meet local differences in five foreign markets like un the question stated above, the core components contains what the customers in each of those five foreign markets are interested in.

The core components vary between markets. Market A, may like the color of the product in red and market B may like the color of the product in blue. So identifying these things and satisfying the needs of the customers would be done in the core component.

4 0
3 years ago
Marin Company's accounts receivable arising from sales to customers amounted to $131000 and $114000 at the beginning and end of
nekit [7.7K]

Answer:

$481,000

Explanation:

To determine the cash flows from operating activities, the net Income for the year must be adjusted by non - cash items and changes in working capital items.

Therefore, given a decrease in Accounts Receivable $17,000 ($131000 - $114000) . Then the cash flows from operating activities to be reported on the statement of cash flows is $481,000 ($498000 - $17,000) .

4 0
2 years ago
Greg Jewell read about several companies that were performing relatively well despite the current recession. Stocks like these,
poizon [28]

Answer:

C) defensive

Explanation:

Defensive stocks are stocks that generally perform well during economic recessions. In other words, their price is not related to the market tendency. Even if the market goes down, their price remains stable. Generally companies that sell products with a constant demand are considered defensive stocks, e.g. Costco, Target, Walmart, utilities (all, electric, gas, water), etc.

7 0
3 years ago
Costs that can be easily and conveniently traced to a specific product are called ______ costs.
vaieri [72.5K]

Answer:

A direct cost

Explanation:

7 0
2 years ago
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