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2 years ago

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

Business

1 answer:

sergeinik [125]2 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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__________ is a widely recognized professional society for persons interested in operations and supply chain management.

Fed [463]

APICS is a widely recognized professional society for persons interested in operations and supply chain management.

Association for Supply Chain Management is a not-for-profit international education organization offering certification programs, training tools, and networking opportunities to increase workplace performance.

APICS merged with the Supply-Chain Council in 2014, and the American Society of Transportation and Logistics in 2015.

Examples of certification : CPIM, CSCP etc.

Read more about Supply Chain Council here brainly.com/question/14325556

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4 0

1 year ago

The average wholesale price a company is charging camera retailers for its models is deemed to be competitive with the average w

svp [43]

Their average wholesale price can be said to be competitive if it is below the all-company average wholesale price in that geographic region.

<h3>When is a price considered competitive?</h3>

It means that the price is better than others in the market for a certain good or services.
It is lower than the average price offered by other sellers.

The company is therefore charging a lower than average price which is why it is competitive with others because they will be forced to lower prices to maintain sales.

In conclusion, option A is correct.

Find out more on markets that allow competitive pricing at brainly.com/question/24877850.

7 0

1 year ago

Margot's Deli Company has the following information for July. Cost of materials placed in production $30,000 Direct labor 25,000

matrenka [14]

Answer:

cost of goods manufactured= $68,400

Explanation:

Giving the following information:

Cost of materials placed in production $30,000

Direct labor 25,000

Factory overhead 14,000

Work in process inventory, July 1 2,900

Work in process inventory, July 31 3,500

<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>

<u></u>

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 2,900 + 30,000 + 25,000 + 14,000 - 3,500

cost of goods manufactured= $68,400

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2 years ago

General motorsâ€™ stand against apartheid in south africa was based upon what came to be known as _____. the human rights moveme

vovikov84 [41]

The answer is Sullivan Principles. General Motors embraced what came to be named as Sullivan principles. This is name after Leon Sullivan which is also a member of GM's Board of Directors. Sullivan contended that it was morally right for GM to function in South Africa so long as two circumstances were satisfied. First, the company should not follow the apartheid laws in its own South African operations. Second, the firm should do all within its power to endorse the elimination of apartheid laws.

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3 years ago

In periods of rising prices, what will lifo produce?.

Mrrafil [7]

Answer:

LIFO. usually results in a balance sheet valuation of inventory farthest away from its economic value. LIFO. would result in the highest after-tax cash flow in periods of rising prices and non-decreasing levels of inventory.

smort doggo is off to another question

3 0

2 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.