Answer:
A) greater ; fall
Explanation:
Economies of scale exist when inputs are increased by some percentage and output increase by a greater percentage causing units cost of production to fall.
Economies of scale refers to the cost advantage of an organization when it increases production output and reduces cost of production. By increasing production, more inputs are increased at a lower cost per inputs which will actually reduce the cost of production per units.
Business Organizations tend to make more profits by practicing economies of scale because of the decrease in cost of production.
The more the increase in production, the more profits firms make.
<span>Cash advance fee:
2% of $200 = 0.02 * 200.00 = $4.00
One month's interest, if the interest is compounded monthly:
18% of $204.00, divided by 12 months/year = 0.18 * 204.00 / 12 = $3.06
Total paid:
$200 + $4 + $3.06 = $207.06
Paying directly with the card instead of borrowing cash would have saved the $4 charge and would also have reduced the interest from $3.06 to $3.00.
Paying directly with the card and then paying before the billing cycle would also save the $3.00.She would only have paid the original $200, saving the whole $7.04.
Effect of paying directly with the card and paying it off before the billing cycle: $200 total paid, saving $7.04 in fees and interest.</span>
Answer:
False
Explanation:
The contract is not voidable at Leslie's option but rather at the supplier's option. This is because Leslie has agreed to the buy the shoes, irrespective of the price.
Should Leslie want a price stated in the contract, the case has to be taken to court and the judge will have a price stated that suits both parties.
Cheers
When an individual buy shares of a company's stock, They Gain partial ownerships in the corporation (option A)
If the individual buy 10 % of the total stocks, it means that individual own 10% of the company. If his ownerships goes above 50 % , he became a majority owner and basically can make all the decision in the company