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Lynna [10]
3 years ago
11

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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An employer is found by a court to have discriminated. As part of an appropriate remedy, the employer is ordered to promote one
lora16 [44]

Answer:

The employer wins because he is acting on court orders.

Explanation:

Discrimination in the workplace is a punishable offense by the law. This act of promoting one female for every male promoted is a remedy to being found guilty of discrimination by the court.

In this case where he has been sued again for reverse discrimination, he (employer) is going to win this particular one because he was only acting on court order. The one female for every male was imposed on him by the court. So he is protected from this reverse discrimination accusations by his disgruntled employees.

5 0
3 years ago
The loan department of a financial corporation makes loans to businesses. The costs of processing these loans are often several
Ket [755]

Answer:

Operation costing

Explanation:

Operating costing is the combination of the job costing and the process costing. In this the cost are received for each and every operation rather for each and every process

Since in the given situation it is mentioned that they need some outside services like legal services etc so here the costing system that used for the loan department is operation costing

3 0
3 years ago
Assume the nation of Teeveeland does not trade with the rest of the world. By comparing the world price of televisions to the pr
tino4ka555 [31]

Answer:

A) Teeveeland has a comparative advantage in producing televisions.

Explanation:

If Teeveeland has a comparative advantage in producing televisions, then the price of televisions in Teeveeland should be cheaper than the world price. The world price is the average price of a good traded in international markets, in this case televisions.

International trade is based on comparative advantages, since countries export the goods that is can produce more efficiently (they have a comparative advantage in their production) and they trade for goods that they cannot produce efficiently. So if Teeveeland has a comparative advantage in producing televisions, it should start to sell them to the rest of the world.

5 0
3 years ago
In 2021, a company purchased two patents. Related information follows: Patent 1 Patent 2 Purchase price $ 500,000 $ 200,000 Lega
Law Incorporation [45]

Answer:

$575,000 for patent 1 only

Explanation:

                                                 Patent 1                          Patent 2

Purchase price                           500,000                   200,000

Legal & filing Fees                         25,000                      20,000

Legal fees for successful defense   50,000                      0

Total Capitalization Cost             575,000                         0

Only patent 1 will be capitalized with value of $575,000 as its right was successfully defended. Where as the patent 2 will not be capitalized as it is useless and has no value at year end.

4 0
4 years ago
Bob is teaching his son, Jack, how to handle money, count change, how to save for a desired purchase, and how to choose an appro
mixas84 [53]

Answer:

E. consumer skills.

Explanation:

Considering the above scenario, it can be said that Bob is teaching his son Jack to develop consumer skills.

It is essential that the consumer has a set of knowledge about finance, self-discipline, and caution to make a purchase that aggregates effectively, that aggregates all the important features for him, such as meeting his needs and a price compatible with the product's functionality or service.

For this it is ideal that before buying something, the individual analyzes what are the benefits it will have, if the value of the product is compatible with his budget, if the supplier is reliable and has a good reputation in the market, etc.

4 0
3 years ago
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