Answer:
Companies can achieve economies of scale by increasing production and lowering costs. This happens because costs are spread over a larger number of goods. Costs can be both fixed and variable. ... The larger the business, the more the cost savings.
Answer:
REDISTRIBUTION
Explanation:
Redistribution of assets and income can be defined as social mechanism like taxes, education, healthcare, government services, political reform, fiscal policy, confiscation, separation or tort rule is the redistribution of wealth and income from some persons to others.
The phrase's meanings differ, based on private experiences, political philosophies and limited statistical usage. In politics, it is often said, probably referring to supposed transfers of wealth from those with more to those who have less.
The answer is opposite direction as <span>goods and services.
In the circular flow model, the expenditures on goods and services will be paid by the households to the producers/
The direction of goods and services (products) on the other hand, will be given by the producers to the households.
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Answer:
$531,000
Explanation:
For determining the contribution margin ratio, first we have the contribution margin per unit which is shown below:
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $85 - $17
= $68
And, Contribution margin ratio = (Contribution margin per unit) ÷ (selling price per unit) × 100
So, the Contribution margin ratio is
= ($68) ÷ (85) × 100
= 80%
Now the break even point in sales dollars is
= $428,400 ÷ 80%
= $531,000
We simply applied the formulas
