Answer:
C. Each state or country can adopt large-scale production techniques that allow lower per-unit costs of production.
Explanation:
Typically explained, Economies of scale (EOS) are the advantages or benefits a firm achieves due to increase in production or operation which in turn leads to decrease in per unit costs.
Here in this question, it is evident that the only way economies of scale could be achieved is by increasing the large scale production techniques that leads to lower per-unit costs of production for the firms.
Hope this clear things up.
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Answer:
(B) 40%
Explanation:
↓Q / ΔPrice = Price-elasicity
The price elasticity is the relationship between a change in price with the quantity demanded of a certain good assuming, other factor remains constant.
ΔPrice = (P0 - P1)/((P0 + P1)/2) = (2 - 6)/((2+6)/2) = 4/4 = 1
We know that price elasticity is 0.4
Now we can solve for the change in the quantity demanded:
↓Q/ 1 = 0.4
↓Q = 0.4 x 1 = 0.40 = 40%
Answer:
D.
project completion constraints
Explanation:
can u make this brainly
Answer:
Profit Motive
Explanation:
Profit is the monetary gain or commercial reward for engaging in business. Profits increase the wealth of the entrepreneur.
The primary reason why Businesses are established is to generate profits for the owners. Entrepreneurs commit their resources, time, and efforts to avail goods and services to society expecting to make profits. The desire to increase wealth through profits is what drives people to start a business.
Answer:
Quality of supervision
Explanation:
Herzberg's 2 factor theory included motivational factors and hygiene factors.
Motivational factors are those which enable an employees or a workers to contribute their best efforts with utmost efficiency.
Hygiene factors on the other hand convey to the contrary i.e such factors lead to a reduction in the productivity and efficiency of workers.
One of the hygiene factor specified by Herzberg is supervision as per which poor supervision or command leads to job dissatisfaction among workers.
An organization must eliminate hygiene factors so as the employees are motivated to work and contribute optimally towards attainment of organizational goals.
