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DochEvi [55]
2 years ago
14

.What are economies of scale? Take an analysis example

Business
1 answer:
Ludmilka [50]2 years ago
6 0

Answer:

The summary of the given topic is explained below throughout the following portion.

Explanation:

  • The production phenomenon known might be why the additional expenses you generate that for each unit, are considered as Economies of scale.
  • Mostly since the greater optimized production operations you develop, the further optimized they are.

Example:

Because of its scale, perhaps the company could be interested in receiving credit standards.

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Say's law says that
Nutka1998 [239]

Answer:

The answer is : People consume the goods  they produce

Explanation:

Say's law could also be refereed to as  Say's law of markets in Classical economics states that supply itself creates its own demand which is equivalent to people consuming what they produce.

3 0
3 years ago
Multiple Choice Question 38 Vaughn, Inc. has 1000 shares of 5%, $10 par value, cumulative preferred stock and 63000 shares of $1
mart [117]

Answer:

$0.5 per share

Explanation:

Preference Share Capital = 1000 shares * $10 = 10,000

Annual Dividend in Total = 10000*5% = $500

Annual Dividend Per Share = $500/1000 = $0.5 per share

4 0
2 years ago
If the number of potential workers in an economy increases while the size of the labor force remains​ unchanged, ________. A. th
galben [10]

Answer:

<h2>The answer here would be option C. from the answer list or options given in the question which is the labor force participation rate will fall.</h2>

Explanation:

  • Labor force participation rate basically reflects the total or overall number of people who are actively participating the labor or work force in the economy and are actually qualified and eligible to be officially part of the work or labor force.
  • Hence,even if the number of eligible and qualified people or workers in the economy potentially increases and the overall size of the work or labor force remains constant,it essentially implies that much of the eligible and qualified laborers or workers is either unemployed or has not been properly mobilized or utilized in the labor or work force in the economy.It can also indicate that majority of the people who are presently participating in the labor force are not eligible or fully qualified as per their occupational or professional designation.
  • Therefore,in this instance the labor force participation rate will decline as the overall proportion of employment of the eligible and qualified laborers or workers does not really increase in the economy.Therefore,even if the number of potential workers or the labor resource increase in the economy,it has not been properly or completely utilized or employed in the overall labor force.
6 0
3 years ago
Is insurance judgment rating based on
Savatey [412]

Answer:

A judgement rating is an insurance rate that an underwriter assigns to a particular risk based on their subjective evaluation of that risk. Judgement ratings are frequently done on an individual basis and rely heavily on the experience, perception, and talent of the underwriter who makes the final evaluation.

3 0
3 years ago
Complete the sentence. "When a market failure arises because marginal social benefit exceeds the ability and willingness to​ pay
pochemuha

Answer:

The correct answer is option C.

Explanation:

Market failure refers to the situation when the market is not able to efficiently allocate resources and the government has to intervene. Market failure generally happens because of the presence of externalities.  

When the marginal social cost is greater than the ability and willingness to pay, the market will fail to optimally allocate resources. The government, as a result, will intervene.  

The government will use vouchers which will cause the marginal private benefit curve to shift upwards by the size of the per-unit voucher.

6 0
2 years ago
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