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qaws [65]
3 years ago
7

Farmers rotate their crops between corn and soybean to increase crop yields. This behavior exhibits a. ​Economies of scale b. ​D

iseconomies of scale c. ​Economies of scope d. ​Diseconomies of scope
Business
1 answer:
Anit [1.1K]3 years ago
8 0

Answer:

c. ​Economies of scope

Explanation:

In business, economies of scope refers to producing more than one product or service because you can earn higher profits by diversifying your production. The cost of producing these products together or one after another is lower or yields more benefits than producing them separately.

In agriculture economies of scope refers to producing as many different crops  as you can on the same fields. In the case of soybean and corn (or wheat), the crops are rotated because each crop required different nutrients from the soil.

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Which type of tort happens when you unfairly damage another company's reputation?
nirvana33 [79]
Is c
Because is like your challenging them so it cant be any others
5 0
3 years ago
When economists talk about supply, they are referring to a relationship between price received for each unit sold and the ______
Fantom [35]

Supply refers to a relationship between price received for each unit sold and the quantity supplied.

<h3>What is supply?</h3>

Supply refers to the relationship between the price of an item and the quantity supplied. The relationship between price and the quantity supplied is positive. This is in line with the law of supply.

The law of supply states that when prices increase, the quantity supplied increases and when price falls, the quantity supplied falls.

To learn more about the law of supply, please check: brainly.com/question/26374465

6 0
2 years ago
Which diagram arranges the types of business organizations from the most complicated to start to the least complicated to start?
skelet666 [1.2K]

Answer:

C. Corporation- partnership - Sole Proprietorship

Explanation:

6 0
3 years ago
Read 2 more answers
Shawn McGill is on the executive board for ABC pharmaceuticals. The company produces the number one selling cancer fighting drug
Vikki [24]

Answer:

The answer is: Bargaining power of suppliers

Explanation:

Michael Porter developed his Five Forces Framework as a management tool for analyzing competition. It is divided into:

  1. Threat of new entrants
  2. Threat of substitutes
  3. Bargaining power of customers
  4. Bargaining power of suppliers
  5. Competitive rivalry

Bargaining power of suppliers: Pressure suppliers can exert on its costumers (individuals or organizations) by raising prices, lowering quality, or reducing availability of their products. When suppliers are strong enough to pressure their customers, usually the buyers will end up paying higher costs due to; higher prices, lower quality or reduced availability of the product.

In this case, since ABC Pharmaceutical is the leader in cancer fighting drugs, they will use their dominant supplier position to raise the price of their product affecting their customers (patients, insurance companies, other health care organizations).

6 0
3 years ago
A company provided $1,500 of services to customers during the month of May. The customers paid in June. What would the impact of
alex41 [277]

Answer:

The answer is 3. accrual basis net income

Explanation:

Accrual basis is the effects of transactions on a reporting entity's economic resources in the period in which those transactions occur, even if the resulting cash receipt and payment occur in a different time.

The $1,500 will be recorded in the month of May

Cash basis recognizes transactions in the period in which cash receipts and payment occur. This can be found in government account.

Option 1 is not correct because this is not a basis in preparing financial statement

6 0
3 years ago
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