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agasfer [191]
3 years ago
8

One In the News article titled "Funeral Giant Moves In on Small Rivals" reports that profit for a Houston-based funeral giant is

31 cents on every dollar versus a profit of 12 cents for the funeral industry in general. Such profits are most likely the result of _________.A. Constant returns to scale. B. Economies of scale. C. Higher minimum average costs. D. A downward shift in the production function.
Social Studies
1 answer:
oksian1 [2.3K]3 years ago
5 0

Answer: B. Economies of Scale.

Explanation:

ECONOMIES OF SCALE is a situation where costs are reduced because production rises. This is usually the case with larger firms because they are able to produce more goods which translates to the fall of their cost per good.

For example, a firm has fixed costs of $3000 regardless of if they produce 10 products or 100. If they produce only 10 then it's $300 per product in cost as opposed to producing 100 which is $30 per product in cost. The problem is that only larger firms could be able to produce above 10 goods.

The Houston based funeral house is considered a GIANT so they are probably benefitting from ECONOMIES OF SCALE.

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abruzzese [7]
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3 years ago
Which of the following statements are true about attention-deficit/hyperactivity disorder?
ch4aika [34]

Answer:

A. The use of stimulants in small doses helps focus attention and reduces hyperactivity.

Explanation:

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5 0
3 years ago
A friend of yours cannot understand why the United States used the atomic bomb. What do you say?
Lorico [155]

Answer: You tell them. YOU IDIOT ARE YOU NOT EDUCATED!?!? And that's how you fix the problem. :D

5 0
2 years ago
Based on the information in the scenario, describe the absolute and comparative advantage held by each worker in Hector’s office
Masteriza [31]

Answer:

In an office, every employee has an absolute and comparative advantage depending on the type of work he/she is best at.

In Hector's office, the employee Sasha worked as a computer designer and was excellent in her work. This means that the employee Sasha had an absolute  and comparative advantage as she was efficient in her work and hence, there was no opportunity cost of her side of work.

The employee, Maurice was best in logo designing. Hence, he had a absolute and comparative advantage as he was good in logo designing and their was no other opportunity cost for his work.

4 0
3 years ago
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Read the excerpt from "A Modest Proposal." A very worthy person, a true lover of his country, and whose virtues I highly esteem,
andreyandreev [35.5K]

Answer:

The irony is that the country lover is saying that the flesh of young deers are used to meet the demand in the market whereas he is using words of young lads and maiden. So he actually means was different from the words.

Explanation:

The irony is that the patriotic person is saying that the venison is coming from the bodies of young lads and maidens which means he is actually saying that the vanison is supplied which is the meat that comes from the bodies of young deers. He is not talking about using children for food.

6 0
3 years ago
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