1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Svetllana [295]
3 years ago
6

How can economies of scale benefit you as a customer and society as a whole? Can the taxicab industry, in large cities, be subje

ct to significant economies of scale? Are ride-sharing services, such as Uber and Lyft, able to take advantage of economies of scale? How or why not?
Business
1 answer:
LiRa [457]3 years ago
3 0

Answer:

The answer to this question can be described as follows:

Explanation:

The economy scale with cost activity and total volumes of sales, which lowers the overall product prices as a result, and grows all economies of scale, because consumers purchase the stuff like those, who pay even less than the amount they expect to receive.  

It is the transition, the same saved money it's spent on other commodities and the overall deficit as well as the actual boosting of financial social assistance that generates income as a whole. It also increases outlays and creates more jobs, and benefits people with higher median income levels and a decent standard of living, For example  

Uber often encourages ride-sharing, in which the car is capable of serving 3-4 people simultaneously. This gives a win-win situation to all sides and generates economies of scale. Throughout the market like India, Uber already is introducing it and being extremely successful.

You might be interested in
Which of the following is not a common term for a mortgage loan? A. 30 years B. 20 years C. 15 years D. 10 years
Whitepunk [10]
D. 10 years, the rest are common
6 0
3 years ago
we are evaluating a project that costs $848,000, has an eight-year life, and has no salvage value. assume that depreciation is s
alukav5142 [94]

A project's susceptibility to undesirable fluctuations in the value of the underlying factors, such as the sales price, sales units, its indirect cost, and other variables, is assessed using sensitivity analysis.

<h3>Sensitivity analysis: What is it?</h3>

According to a specific set of assumptions, sensitivity analysis evaluates how various values of an exogenous variables impact a specific dependent variable. In other words, analyses look at how different types of ambiguity in a mathematical formula affect the overall level of uncertainty in the model.

<h3>Briefing:</h3>

Project has an eight-year lifespan, costs $848,000, and has no residual value. Over the course of the project's life, depreciation decreases linearly to zero.

Depreciation = $848,000 / 8 = $106,000

Contribution margin per unit = selling price - variable cost per unit

= 40 - 20 = $20 per unit

Accounting break-even point = (Fixed costs + Depreciation) / Contribution per unit

= (625,000 + 106,000) / 20

= 36,550 units

To know more about Sensitivity analysis visit:

brainly.com/question/14293513

#SPJ4

8 0
1 year ago
Suppose the consumer price index in 2010 was 100 and its corresponding basket of goods was $23,000. if that same basket of goods
Musya8 [376]

The value of the CPI in 2006 is 82.61.

<h3>What is the value of the CPI?</h3>

The consumer price index measures the changes in price of a basket of good. It is used to measure inflation. Inflation is when there is a persistent rise in the general price levels.

CPI = (cost of basket of goods in current period / cost of basket of goods in base period) x 100

2010 is the base year because its CPI is 100.

(19,000 / 23,000) x 100 = 82.61

To learn more about consumer price index, please check: brainly.com/question/26382640

#SPJ1

3 0
2 years ago
Shuai is writing a report with a great deal of complicated numerical information. to clarify and simplify this information for d
AveGali [126]

She should put this into a chart or graph. This is a graphical illustration of data, in which "the data is characterized by symbols.” By organizing data, it can be more effortlessly understand what has been perceived. Subsequently, most of the data is quantitative, data tables and charts are typically used to consolidate the information. Graphs are shaped from those data tables.

6 0
3 years ago
The global-standardization strategy arises out of the combination of: Question 7 options: 1) high pressure for cost reductions a
kati45 [8]

Answer:

The correct answer is the option 1: high pressure for cost reductions and low pressure for local responsiveness.

Explanation:

To begin with, the concept known as <em>"Global Standardization"</em>, in the field of marketing and business, refers to the strategy that the companies can use when they decide to implement the same marketing strategy or campaign to every country in where the organization works. Therefore that the term refers to the standardization of the strategy that the company use in the marketing area to the whole globe due to the fact that mainly they look for the reduction of the costs and also because the pressure from the local responsiveness from the other foreign countries tend to be very low.

3 0
3 years ago
Other questions:
  • Bountiful company had sales of $650,000 and cost of goods sold of $200,000 during a year. the total assets balance at the beginn
    7·1 answer
  • Elaborate on any three internal factors of Jessops’ Group Limited that can influence its functioning
    15·1 answer
  • Lester's just signed a contract that will provide the firm with annual cash inflows of $28,000, $35,000, and $42,000 over the ne
    11·1 answer
  • Jack McAdams' team feels frustrated. They had forwarded many viable ideas to management for work process improvements. They were
    7·1 answer
  • An entrepreneur looking for financing to get her small, personally-owned business up and running should probably consider; (16-2
    13·1 answer
  • Congress has the power to create special courts. True False
    11·1 answer
  • Accountants include ________ costs as part of a firm's costs, while economists include ________ costs. Group of answer choices i
    6·1 answer
  • How do managers decide upon an ethical course of action when confronted with decisions pertaining to working conditions, human r
    14·1 answer
  • King, CPA, is auditing the financial statements of Cycle company, a client that has receivables from customers arising from the
    13·1 answer
  • Bank Reconciliation On July 31, Sullivan Company's Cash in Bank account had a balance of $9,381.58. On that date, the bank state
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!