Answer:
3
Explanation:
Given that a system is formed when the three types of components are sold together, the different systems the electronics firm can offer will be limited to the least number available from any of the components that make up a system.
As such, given that the electronics firm sells four models of stereo receivers, three amplifiers, and six speaker brands. The least number of a component of the system available is 3, being the number of amplifiers.
Therefore, the firm can only sell 3 different systems.
Answer:
Economies of scale.
Explanation:
In this scenario, the cost to manufacture one unit of Rinker Audio Products' bestselling hearing aid, the Magnifier, is $87.50. The chief financial officer (CFO) of the company, Neha Patel, has determined that if the company expands the output of its biggest U.S. plant by 20 percent, the unit cost would be only $82.50. The concept that as plant output expands, unit costs decrease, is known as economies of scale.
Economies of scale in microeconomics can be defined as cost reductions or cost advantages that arises when a business entity increases its level of production or are large in size.
This ultimately implies that, when a company 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.
<span>U.S. Bureau of Labor Statistics</span>
Answer:
monetary policy can be described either in terms of money supply or in terms of interest rate.
Explanation:
monetary policy has to do with the way the central bank or any authority that governs how money is being supplied and interest rate in an economy. the most important form of the money is credit which can come inform of loans, mortgages, etc. monetary policy can be described either in terms of money supply or in terms of interest rate in the sense that it regulates both the money and interest rate in an economy.
Answer:
D
Explanation:
Seems to be the most applicable answer.
