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Svetllana [295]
2 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]2 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
All of the following statements about exit in monopolistic competition are true, except: Select the correct answer below: When e
Murljashka [212]

Answer:

When economic losses induce firms to leave the industry, demand for the original firm decreases.

Explanation:

A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopoly has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.

An example of monopolistic competition are restaurants  

When firms are earning positive economic profit, in the long run, firms enter into the industry. This drives economic profit to zero

If firms are earning negative economic profit, in the long run, firms leave the industry.  This drives economic profit to zero

in the long run, only normal profit is earned

5 0
2 years ago
Hi Tech Products has 35,000 bonds outstanding that are currently quoted at 102.3. The bonds mature in 11 years and carry a 9 per
Xelga [282]

Answer:

aftertax cost of debt =5.63%

Explanation:

fisrt we need to know the formula for the yield to maturity

Yield to maturity (YTM)

YTM= ( I+(F-P)/n ) / ( 0.6P +0.4F)

YTM=  (9 + ( 100-102.3) / 11 ) / (0.6*102.3 + 0.4*100)

YTM= 0.0867

YTM= 8.67%

after taxes we have...

8.67% (1-0.35%)

=0.0563

=5.63%

6 0
3 years ago
Mary has already won her case at the U.S. Court of Appeals. When the case is reviewed by the Supreme Court, only eight judges ar
belka [17]

Answer:

B. Mary will win the case as she had already won at the U.S. Court of Appeals.

Explanation:

When 8 judges review Mary's case and is split 4-4 she will win the case as she has won it in the lower court. However the case will not set a precedent for future cases.

This is a rare occurrence as there are usually 9 justices presiding in supreme court reviews.

6 0
3 years ago
The supply and demand curves show data for trendy smartphone covers. How would the graph change if the producer hired a popular
yaroslaw [1]

Answer: The correct answer is option B; Add D2 to the right of D, showing an increase in demand and increase in equilibrium price.

Explanation: The demand for a commodity is usually affected either positively or negatively by some factors or determinants. Foremost among the factors of demand is price of the commodity. Other factors include;

(a) Price of substitute commodities

(b) Consumers preferences

(c) Population

(d) Weather conditions

(e) Advertising

In the question above, the use of a popular actor as the spokesperson of the product is a form of advertising that is intended to improve upon the perception of the commodity and hence encourage consumers to buy more of it. If the popular personality endorses a product, there is an almost one hundred percent likelihood that consumers would see the product as a preferred choice and this would cause the demand to go up or increase.

An increase in the market demand would be signified by the outward shift of the demand curve to the right from D to D2. Since the x-axis shows the quantity demanded increasing towards the right hand side, then an increase in market demand would be reflected by a shift of the demand curve to the right.

As a result of that, the price would now move from P to P2 which shows an increase in equilibrium price. Also the quantity demanded would move from Q to Q2 which also indicates an increase in demand.

6 0
3 years ago
You plan to invest in one of two home delivery pizza companies, High and Low, that were recently founded and are about to commen
ch4aika [34]

Answer:

$0.60

Explanation:

Computation of Firm High's EPS

Profit before Tax (PBT) = EBIT - Interest on debt

= 500,000 - (12% * (70% * 3,000,000)) (Firm High's use of debt is 70%)

= 500,000 - (12%*2,100,000)

= 248,000

Earnings = PBT - tax = 248,000 - (35% * 248,000)

= 161,200

Given 90,000 shares, the EPS = 161,200/90,000 = $1.79.

Computation of Firm Low's EPS

Profit before Tax (PBT) = EBIT - Interest on debt

= 500,000 - (10% * (20% * 3,000,000)) (Firm Low's use of debt is 20%)

= 500,000 - (10%*600,000)

= 440,000

Earnings = PBT - tax = 440,000 - (35% * 440,000)

= 286,000

Given 240,000 shares, the EPS = 286,000/240,000 = $1.19.

Therefore, EPSHigh - EPSLow = 1.79 - 1.19 = $0.60.

4 0
3 years ago
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