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3 years ago

What is economical of scale?

Business

1 answer:

Vikki [24]3 years ago

7 0

Economy of scale is <span>a proportionate saving in costs gained by an increased level of production</span>

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If unaccompanied on board, what must a person 12 to 15 years of age have in order to legally operate a boat with more than 6 hp

Anettt [7]

The correct answer is "to obtain a Boater I.D.".

Some states in the United States do not require any boater I.D in order to drive a boat, yet some states in the US requires it citizens to apply for a Boater I.D. and go through a safety course in order for them to be approved and allowed to driver their watercraft, it is commonly due to safety regulations.

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3 years ago

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Suppose that as the manager of the first national bank, you have to make decisions about the appropriate amount of bank capital

Papessa [141]

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3 years ago

What regulations or laws exist surrounding manufacturing, shipping, and use of plastic in a factory?

PIT_PIT [208]

Regulations exist according to the Green New Deal signed in the UN and applied rather loosely inside the country.

Explanation:

The green new deal is basically responsible for the laws that are being written over the use of plastic and its manufacture and shipping in the country due to the volatility of plastic products in the environmental sphere and how terribly they have been responsible for global warming.

The laws according to the Green New Deals regulate the making of plastic in function to its consumption, effect to the environment and the decay rate.

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3 years ago

Determine whether each of the following events causes a shift of a curve or a movement along a curve in the short run. Indicate

Vaselesa [24]

Answer:

Check the explanation

Explanation:

Increase in value of dollar has made the foreign steel (a major commodity used in production) cheaper for American producers.

This will reduce the cost of production of American Producers and would increase their profit-margin.

This will induce US firms to produce more and therefore there will be increase in short-run aggregate supply.

So, the given scenario will involve short-run aggregate supply curve and would shift the curve to the right.

Kindly check the attached image below to see the required graph -

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3 years ago

oee [108]

Answer:

a. Ending merchandise inventory is overstated by $4,000.

net sales revenue of $59,000

cost of goods sold of $17,000 + $4,000 = $21,000

gross profit = $38,000

Since ending inventory was overstated, it means that COGS were understated.

b. Ending merchandise inventory is understated by $4,000.

net sales revenue of $59,000

cost of goods sold of $17,000 - $4,000 = $13,000

gross profit = $46,000

Since ending inventory was understated, it means that COGS were overstated.

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3 years ago