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3 years ago

If a firm is experiencing economies of scale in its production process, ______________________________. g

Business

1 answer:

Assoli18 [71]3 years ago

3 0

Answer:

its long-run average total costs will fall

Explanation:

Economies of Scale is a term used in business operation or production manufacturing to describe the cost benefits a company or firm acquired when it expands its quantity or number of output. This often leads to a decrease in average variable cost.

Hence, the right answer is this situation is If a firm is experiencing economies of scale in its production process, "its long-run average total costs will fall"

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The maximum distance people are willing to travel for a service is

ladessa [460]

Answer:

Range

Explanation:

Range is the term which is used to describe the maximum distance which the consumers or customers are prepared or willing to travel in order to acquire the goods or to use a service.

It is because at some point, the expense or the inconvenience which will outweigh the requirement of the good.

And there are two types of range, one is small rage and other is large range.

Small range is the range which the people are willing to go only a distance which is short for the everyday consumers services like the pharmacies, grocery. While the large range is the range which will people travel the longer distances for the other services like ball game.

6 0

4 years ago

In Keynes's analysis of the speculative demand for money, what will happen to money demand if people suddenly decide that the

Serggg [28]

Answer:

The correct answer is option C.

Explanation:

When the interest rate falls below the normal level, people expect the interest rates to rise in future and bond prices to fall. This causes investors to sell the bonds at present so that they can buy bonds when they are selling at lower prices in future as of result of an increase in interest rates. Money demand will, as a result, will decrease.

4 0

4 years ago

Which of these terms means "limited resource"?

Tpy6a [65]

The correct answer among the choices listed is the second option. Scarcity is the term that would mean "limited resource". It is the state of having shortage or small amount of supply with a high value of demand. Hope this helps.

3 0

4 years ago

Read 2 more answers

A portfolio manager is considering the purchase of a bond with a 5.5% coupon rate that pays interest annually and matures in thr

dmitriy555 [2]

Answer:

The price of the bond is closest $101.36

Explanation:

It is noteworthy that a rational investor pays for a bond today the cash flows derivable from the bonds in future discounted to today's terms.

The future cash flows comprise of the yearly coupon interest of $5.5(5.5% *$100) for 3 years as well as the repayment of the principal $100 at the end of year 3.

To bring the cash inflows today's term, we multiply them them by the discounting factor 1/(1+r)^N , where is the yield to maturity of 5% and N is the relevant the cash flow is received.

The discounting is done in attached spreadsheet leading $ 101.36 present value today.

Download xlsx

7 0

4 years ago

Employees are required to take vacations. 2. Any member of the sales department can approve credit sales. 3. Paul Jaggard ships

aliina [53]

Answer:

1. This is an example of the practice of good human resource principles

2.This is an example of poor establishment of responsibilities

3. This is an example of lack of segregation of duties

4. This is an example of independent internal verification

5. This is an example of the practice of physical control

Explanation:

1. Employees are required to take vacations.

This is an example of the practice of good human resource principles

2. Any member of the sales department can approve credit sales.

This is an example of poor establishment of responsibilities

3. Paul Jaggard ships goods to customers, bills customers, and receives payment from customers.

This is an example of lack of segregation of duties

4. Total cash receipts are compared to bank deposits daily by someone who has no other cash responsibilities.

This is an example of independent internal verification

5. Time clocks are used for recording time worked by employees.

This is an example of the practice of physical control

7 0

3 years ago