Answer:
Diseconomies of Scale
Explanation:
On the contrary to economies of scale which save costs when production levels go up, diseconomies of scale make costs go higher when their is an increase in the size of the organization.
Livi's Love From Scratch cupcake bakery has increased in size to reach 10 locations and this has caused crowed areas and delays.
Answer:
Decrease in Supply ; Increase in Price
Explanation:
Complements in Production are goods which are produced jointly using a given resource. Eg : Beef , leather belts & wheat , straw.
Law of Supply states that Price of a good & its supply are directly related. Price & supply of complements in production are also directly related.
If price of a good rises, supply of the good & its complement(s) in production rise. If price of a good falls, supply of the good & its complement(s) in production fall.
So: Leftwards shift in demand curve of beef, i.e decrease in demand of beef- will create excess supply of beef. Excess supply will create competition among sellers & reduce its price.
As beef & leather belt are complements in production : Decrease in price of beef will reduce the supply of leather belts. This decreased supply (leftwards shift) will create excess demand in leather belt markets & competition among buyers increase their price.
Answer:
D
Explanation:
The other options are true regarding the requirements and objectives associated with IBR
Answer:
Option A is wrong because it compares the average price to both cars and trucks. This makes this option wrong.
Option B is the preferred option because of the use of "that" which means the average price, making the comparison to be appropriate.
Option C uses "below", making the sentence redundant and hence its eliminated.
Option D is wrong because it compares models to the company itself.
Option E also compares and/or contrasts cars and trucks with the company itself, hence this option is also wrong.
Explanation:
