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3 years ago

generally speaking, if a firm faces decreasing average total costs of production throughout its entire range of output, then

Business

1 answer:

mash [69]3 years ago

7 0

Answer:

C) the firm is a natural monopoly

Explanation:

In the case of the natural monopoly it has no competitors and in this the monopoly could earned more profit and also at the same time it reduced the average total cost because the output is rises because the monopoly enjoyed the benefit of having the unique product in which no other competitor is dealing with

So as per the given situation, the option c is correct

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The Anti-Counterfeiting Trade Agreement applies to counterfeit physical goods and to pirated copyrighted works being distributed

Oksanka [162]

True. Because the agreement is that if physical goods are copyrighted it’s illegal to copy and paste it

5 0

4 years ago

Below is the 6-step process for making chocolate chip cookies: 1) combine the flour, baking soda, salt in one large bowl 2) comb

goblinko [34]

Answer:

Correct answer is C.

DPMO is approximately 45000

Explanation:

Total Defects = 450

Total opportunities= 10000

DPMO = (Defects / Opportunities) * 1000000

= (450 / 10000) * 100000

= 45000

4 0

4 years ago

Which of the following is an expression of profit for a perfectly competitive firm? Profit for a perfectly competitive firm can

Elena-2011 [213]

Answer:

Option (d) is correct.

Explanation:

In a perfectly competitive market, there are large number of buyers and sellers, so price and quantity is determined by the market forces. Firms in a perfectly competitive market can earn abnormal profits, normal profits or losses in the short run and can earn normal profits and losses in the long run.

The profit for these firms is calculated by subtracting the product of average total cost and quantity from the product of price and quantity.

Profit( = (P × Q) - (ATC × Q)

4 0

4 years ago

A company operating under an EOQ policy enjoys rising annual demand for their products for three consecutive years. During this

Oduvanchick [21]

Answer:

Their order quantity will rise but the time between orders will fall.

Explanation:

Let's analyse the EOQ formula:

$Q_{opt} = \sqrt{\frac{2DS}{H}}$

If Demand increases

The dividend increase, so the quotient increase.

EOQ will rise.

Only options b and c are correct on that statment.

Now let's check the time between order:

$\frac{EOQ}{Demand} \times 365$

If we analyze the increase in demand:

√(2xΔDxS/H)/ ΔD

everything else is keep constant so we have:

√(CxΔD)/ ΔDx

If we use L'Hopital we can conclude this function limit is zero.

Anyway a more easy way to do it will be calculate with a demand of 1000

and then with a demand of 50,000 to notice how much the time between order decrease.

√(1000) / 1000 = 0.031622776

√(51000)/ 51000 = 0.004428074

so we have EOQ increase and days between order decrease.

Now only option B is correct !

8 0

3 years ago

According to business analyst Scott Anthony, identifying opportunities requires understanding of:_________

Maurinko [17]

Answer:

the 5Cs of opportunity identication:

1. Circumstance

2. Context

3. Constraints

4. Compensating behaviors

5. Criteria

Explanation:

According to Scot Anthony, to identify opportunities it's important to understand the 5Cs of opportunity identication.

1. Circumstance: Know the specific problems which your customers care about and how they get solutions to it.

2. Context: Know what the customer did in the past and work around it to present something realistic.

3. Constraints: Get to understand customers' barriers and constraint.

4. Compensating behaviors: Understand the compensations that engage your customers.

5. Criteria: In order to know a good solution, it's important to understand the criteria that matter to your customers.

8 0

4 years ago