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poizon [28]
3 years ago
15

If, when a firm doubles all its inputs, its average cost of production decreases, then production displays a. diseconomies of sc

aleb. economies of scalec. declining fixed costsd. diminishing returns
Business
1 answer:
borishaifa [10]3 years ago
5 0

Answer:

The correct answer is option b.

Explanation:

The doubling of inputs would increase the cost of production. It would also increase the quantity of output produced. If the average cost of production is decreasing with the increase in output level, this is an indicator of the economies of scale.

Economies of scale is the cost advantage due to large scale of production.

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Employees who work on commission typically work in<br> education
faltersainse [42]

Answer:

Is this true or false? What are the options to answer

Explanation:

A sales commission is a sum of money paid to an employee upon completion of a task, usually selling a certain amount of goods or services. Employers sometimes use sales commissions as incentives to increase worker productivity. A commission may be paid in addition to a salary or instead of a salary. The Fair Labor Standards Act (FLSA) does not require the payment of commissions.

8 0
3 years ago
Suppose a bank gets a new deposit of $100 cash and it has a 20% required reserve ratio. If
JulijaS [17]

Answer:

C) $500

Explanation:

First we must determine the money multiplier = 1 / reserve ratio:

  • money multiplier = 1 / 20% = 5

The bank's checkable deposits originally increase by $100, and since it will be able to lend all the money it can, $80, its checkable deposits will also increase by $80 x 5 (money multiplier) = $400.

So the total increase in the bank's checkable deposits = $100 (original deposit) + $400 (money created through loans) = $500

4 0
3 years ago
What is the process in which union and company representatives meet to negotiate a new labor contract called?
valina [46]
The answer to the question stated above is collective bargaining. 

Collective bargaining is <span>the process in which union and company representatives meet to negotiate a new labor contract.
</span><span>It is a negotiation between employees and a group of employers aimed at agreements to regulate working salaries.</span>
3 0
4 years ago
Read 2 more answers
A market:
klemol [59]

A market is

e. all of the above

Explanation:

A market has the following characteristics,

  • It is often a physical place facilitates to market
  • exchanges between buyers and sellers typically
  • involves monetary transactions
  • might not have well-defined geographical limits
  • the value, cost and price of items traded are as per supply and demand in a market.
  • Physical market is a place where buyers can directly meet the sellers physically and purchase their desired merchandise from them in exchange of money.
  • A market is a place where people can go to buy or sell things.

7 0
3 years ago
Before moving out of their apartment, Kelly and Doug decided to have their carpets cleaned by Stanley Steemer, a company special
lilavasa [31]

Answer: Intangibility

Explanation: The intangibility of services is the incapacity to evaluate or judge the worth gained from engaging in an activity or work using any substantial proof. it is the service whereby there is no substantial product that the consumer can buy, which can be seen or felt, meaning that services do not have physical attributes.

In this case, Kelly and Doug couldn't judge the service with respect to the possible outcome prior to paying for it because of the intangibility of the service rendered which was carpet cleaning.

8 0
3 years ago
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