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3 years ago

Differentiate between external economics of scale and internal economics of scale of production.

Business

1 answer:

sergeinik [125]3 years ago

8 0

Answer:

There are two types of economies of scale: internal and external economies of scale. Internal economies of scale are firm-specific—or caused internally—while external economies of scale occur based on larger changes outside the firm. Both result in declining marginal costs of production, yet the net effect is the same

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How is the price elasticity of demand measured? The price elasticity of demand is measured as

Kruka [31]

Answer:

B. the percentage change in the quantity demanded divided by the percentage change in price.

Explanation:

The formula to compute the price elasticity of demand is shown below:

= (Percentage change in quantity demanded ÷ Percentage change in price)

where,

The Percentage change in quantity demanded equals to

= (New quantity - old quantity) ÷ ((New quantity + old quantity)

And, the Percentage change in price equals to

= (New price - old price) ÷ ((New price + old price)

4 0

3 years ago

Cusic Music Company is considering the sale of a new sound board used in recording studios. The new board would sell for $24,600

lapo4ka [179]

Answer:

the annual Operating Cash Flow (OCF) for the project (new board only) is $18,433,121

Explanation:

Sales = sale of new board = $24,600 x 1,630 = $40,098,000

Expenses = variable cost + fix cost - loss of current sales = 52% x $40,098,000 + $3,225,000 - $23,000 x (1,980-1,650) = $16,485,960

EBIT = Sales - expenses - depreciation

= $40,098,000-$16,485,960-$1,095,000 = $22,517,040

OCF = EBIT - tax paid + depreciation

=$22,517,040 - 23%x$22,517,040+$1,095,000 = $18,433,121

4 0

3 years ago

Mallory promises a local hardware store that she will pay for a lawn mower that her brother is purchasing on credit if the broth

VladimirAG [237]

Answer:

Yes

Explanation:

Yes, in such a situation the promise must be written and signed by both parties in order for it to be enforceable. This is mainly due to the fact that the promise is being made for circumstances regarding a third individual which therefore makes this a Collateral promise. Collateral Promises must be written and signed in order for it to take effect and protect all parties involved from backing out of the contract, which doing so would be considered fraud.

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3 years ago

Which of the following statements describes the relationship between employee training and employee development?

nata0808 [166]

Answer: Training is short-term skills oriented while development is long-term career oriented.

Explanation:

The statement that best describes the relationship between employee training and development, from the available options in the question is:

Training is short-term skills oriented while development is long-term career oriented.

This statement is true because, trainings cover a short period of time, aimed at improving the employees expertise on a particular area while development is a long term activity, which monitors the employee's growth and improvements in different aspects of their job delivery.

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3 years ago

Which commercial lodging type is located on or near u.s. installations, is operated by a commercial lodging company, and is corp

Volgvan

<span>Which commercial lodging type is located on or near U.S. installations, is operated by a commercial lodging company, and is corporately branded? DoD Privatized Lodging. DoD stands for Department of Defense. This type of lodging is found near or on U.S. military installations and used for government travel. </span>

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3 years ago

Differentiate between external economics of scale and internal economics of scale of production.​

Differentiate between external economics of scale and internal economics of scale of production.