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3 years ago

At the minimum efficient scale,

Business

1 answer:

mina [271]3 years ago

4 0

Answer:

The correct answer is D. the firm has achieved the lowest possible average cost of production.

Explanation:

The minimum efficient scale is called the value of production for which the average long-term cost is minimal and also coincides with the marginal cost.

On the minimum efficient scale it is said that we are in the smallest possible production in which a long-term competitive company would be interested in producing. Below that value, the company would go into losses and should close.

The curve of long-term average costs is obtained from the envelope of the infinite possible curves of short-term average costs for different plant sizes, that is, for different levels of capital. From this envelope, a U-shaped average cost curve is obtained, at which minimum, precisely, the minimum efficient scale is found.

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Mass media can be employed to publicize a cause or product by distributing information that is distorted or exaggerated. What is

Kryger [21]

Explanation:

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3 years ago

A manufacturing company producing medical devices reported $59 million in sales over the last year. At the end of the same year,

kaheart [24]

Answer:

The inventory TO is 3.6875

Explanation:

$\frac{Sales}{Average Inventory} = $Inventory Turnover$

where:

$$$Average Inventory=(Beginning Inventory + Ending Inventory)/2$

Considering there is not sufficient information to calculate the begining inventory we are going to work only with the ending inventory so:

$\frac{59,000,000}{16,000,000} = 3.6875$

The inventory TO is 3.6875 This means the company sales their inventory almost 4 times per year.

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3 years ago

When supply chain members realize that their goals and success are linked to others on the same team, they develop deeper long-t

mr_godi [17]

Answer:

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Explanation:

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3 years ago

Misk Co. purchased the following securities during 2018 to be classified as held-to-maturity securities, trading securities, or

shtirl [24]

Answer:

C. III only

Explanation:

Option III states An investment in stock that Misk does not intend to sell in the near future. Which of above securities purchased by Misk should be classified as available-for-sale securities?

The choice of this option alone is based on the reasoning that Available for Sale (AFS) Securities are usually presented based on their fair values. As such an increase in investment will be needed when the Fair value exceeds is more than the cost of the securities.

The other effect of the transaction of Misk Co is that it will lead to an increase in other comprehensive income.

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3 years ago

Many consumers correlate price with quality, thinking that the higher the price, the better the quality. For these consumers, al

Aleonysh [2.5K]

Answer:

c) A heuristic

Explanation:

Price is a decision heuristic a shortcut to simplify and shorten the decision process. You get what you pay for is related to this heuristic.

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3 years ago

At the minimum efficient​ scale,

At the minimum efficient scale,