The correct option for The firm enjoys economies of scope.
economies of scope exist if C(Q1, 0) + C(0, Q2) > C (Q1, Q2) (10 + 5Q1) + (10 + 5Q2) > 10 + 5Q1 + 5Q2 - 0.2Q12Q2.
Economies of scope is an economic theory stating that the average total cost of production decrease as a result of increasing the number of different goods produced. For example, a gas station that sells gasoline can sell soda, milk, baked goods, etc.
Economies of scope is a financial precept wherein a commercial enterprise's unit value to supply a product will decline because the form of its products will increase. In different words, the extra one of kind-but-comparable goods you produce, the lower the total cost to provide each one may be.
Your question is incomplete. Please read below for the missing content.
A firm can produce two products with the cost function C(Q1, Q2) = 10 + 5Q1 + 5Q2 - 0.2Q1Q2. The firm enjoys:
A. economies of scale in the two products separately.
B. economies of scope.
C. cost complementarity.
D. economies of scale in the two products separately and cost complementarity.
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Answer:
reward power
Explanation:
Reward power -
It refers to as the method of using rewards , so that the employee follows a particular instructions , is referred to as reward power .
The reward acts as a bait so that the employee can follow any order of the senior .
As from the given scenario of the question ,
The person works some extra hours in order to get a good increment .
Hence , from the given scenario of the question ,
The correct answer is reward power .
Answer:
FALSE
Explanation:
A person is considered unemployed if he / she does not have a job and has searched for a job within the last 4 weeks
Unemployment rate = (number of unemployed / labour force) x 100
To collect data on unemployment, The Bureau of Labor Statistics conducts a survey every month known as the Current Population Survey (CPS).
types of unemployment
structural unemployment is an unemployment that occurs as a result of changes in the economy. These changes can be as a result of changes in technology, polices or competition. Structural unemployment tends to be permanent.
The geologist lost his hob permanently due to increase in wages (polices)
Frictional unemployment: the period of time a person is unemployed from the period he leaves his current job and the time he gets another job. Eg. when a real estate agent who leaves a job in Texas and searches for a similar, higher-paying job in California.
Voluntary unemployment: e.g. worker at a fast-food restaurant who quits work and attends college.
Cyclical unemployment: it occurs as a result of fluctuations in the economy. Unemployment would be high in a downturn and low in a boom
Sourcing a supply from a small, women-owned business is an example of a corporate social responsibility action to promote workforce diversity.
What is workforce diversity?
Workforce diversity means having a workforce that comprises of people of diverse backgrounds, cultures, genders, orientations, races, perspectives and shared values.
In a bid to give a greater sense of belonging to the women folks(the same it has always be given to men folks), a firm may decide that it needs to source certain inputs or resources or materials from a small, women operated businesses, which in turn promote the corporate image, brand awareness and also functioning as a way of the firm giving back to the society or leaving positive impact on its host community.
Overall, such kind gesture would reflect on the financials of the company sooner or later by a way of increasing sales revenue and consequently, increase profitability
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Answer:
The correct answer is B
Explanation:
The company’s cash flow from operating activities for the year 2019 is computed as follows;
Net income $200,000
Add:
Depreciation 35,000
Amortization of patent 10,000
loss on the sale of equipment 5,000
Total cash provided by operating activities $250,000
*Depreciation expense, amortization expense and loss on sale on equipment are all non cash transaction which cause a decrease on net income. Thus if we want to know the actual cash activities for the year, we have to add it back to the Net income to arrive the correct answer.
