Answer:
The correct answer is The firm's average cost of production remained unchanged over the last 100 units.
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.
Some developments that contributed to the increase in salaried work in Europe were:
- Factory growth
- Devaluation of agricultural and manual work
- Displacement from rural to urban areas
Industrialization in Europe was a process that began in the 18th century with the industrial revolution. This event was promoted by some social, economic and cultural aspects that allowed the overcrowding of the industry such as:
Factory growth: Factory owners increased the supply of products and people increased the demand for which it was necessary to found new factories and hire more salaried labor.
Devaluation of agricultural and manual work: With the development of machines, products produced manually were devalued because it was more profitable to manufacture large quantities of a single product with the help of machines than in the traditional way. This caused many artisans to be employed in the factories.
Displacement: When agricultural work stopped being profitable for many families, they had to emigrate to the big cities and work in industrial factories to survive.
Note: This question is incomplete because the options are missing. However, I can answer it based on my prior knowledge and general knowledge.
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Answer:
a. $1.08
Explanation:
Total assets include net fixed assets, working capital and current liabilities. Harrisburg Store's total assets are:
The total asset turnover is the amount of money worth of sales generated from every $1 in total assets and is given by:
$1.08 worth of sales are generated from every $1 in total assets.
Answer:
correct answer is b) $2.00
Explanation:
we know here
started and completed unit for physical = 18000
so EUP material for 100 % = 18000
and
Ending work in process for physical = 3000
so EUP material for 100 % = 3000
so total EUP material = 18000 + 3000 = 21000
and
Unit cost is here = 
Unit cost = 2 per unit
so correct answer is b) $2.00
