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kramer
3 years ago
5

Which system gives you the most economic freedom?

Business
1 answer:
Dennis_Churaev [7]3 years ago
4 0

Answer:

Singapore

Explanation:

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BuyMart Inc. is a large chain of hypermarkets. It has cost benefits due to its extensive operation. The company's marketing and
Juliette [100K]

Answer:

economies of scale.

Explanation:

Economies of scale -

It refers to the edge over the cost of the company , which is due to the very efficient production rate , is refer to as economies of scale .

Economies of scale can be both external and internal .

This process can be done by increasing the production of the goods and services , and thereby reducing the overall cost of the product , and more number of consumers will try to grab the product , and hence ,

The profit of the company will increasers .

Hence , from the given scenario of the question ,

The correct answer is economies of scale .

5 0
3 years ago
Consider the labor market for computer programmers. During the late 1990s, the value of the marginal product of all computer pro
katovenus [111]

Answer:

increased

Explanation:

The correct answer is that the equilibrium wage increased as the equilibrium quantity of labor increased.

7 0
3 years ago
The following transactions were completed by Daws Company during the current fiscal year ended December 31:
boyakko [2]

Answer:

Explanation:

The T account is presented below:

                          Allowance for Doubtful Debts  

Jan 29                  $5,850                      Jan 1 Beginning balance $54,200

Aug 9                   $11,850                      April 18                 $4,000

Dec 31                  $52,160                     Nov 7                    $7,000

Dec 31   Unadjusted

              balance    $4,660                

                                                          Dec 31 Adjusting entry   $64,660

                                                          Dec 31 Adjusted balance $60,000

4 0
3 years ago
An incomplete life insurance application submitted to an insurer will result in which of these actions
Viefleur [7K]
No insurance coverage.
3 0
3 years ago
Warner Corporation purchased a machine 7 years ago for $405,000 when it launched product P50. Unfortunately, this machine has br
maxonik [38]

Answer:

1. $46,550

2. $405,000

3. $450,600

Explanation:

1. Computation of differential cost regarding the decision to buy the model 200

Differential cost = Cost of a new model 300 - Cost of a new model 200

Differential cost = $396,350 - $349,800

Differential cost = $46,550

So, the differential cost regarding decision to buy model 200 is $46,550.

2. Sunk costs are the costs which are already incurred by the entity in the past and which are not relevant to decision made today. In this case, sunk cost is the cost of the machine purchased seven years ago for $405,000.

3. Opportunity cost is the profit forgone by chosen alternative course of action. In this case, the Opportunity cost regarding the decision to invest in the model 200 machine is $450,600.

6 0
3 years ago
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