4 years ago

Which of the following is usually the largest type of rental car

Business

1 answer:

densk [106]4 years ago

5 0

I would think it could be a 4 ×4

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3 years ago

The Surf's Up issues 1,000 shares of 6%, $100 par value preferred stock at the beginning of 2020. All remaining shares are commo

motikmotik

Answer:

12,000 dividends for preferred stock

6,000 dividends for common stock

Explanation:

1000 shares $100 = $100,000 preferred stock

preferred dividend: 100,000 x 6% = 6,000

2020 no dividends preferred stock acumulates 6,000

2021 18,000 dividends delcared

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<u> - 6,000 preferred stock dividend for 2020</u>

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Fill in the blank. Scarcity exists in all societies because ____________________.

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people wants are unlimited an resources are limited

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A firm expands its scale of production and finds that it is able to negotiate better prices with its suppliers.

Paha777 [63]

Answer:

Economies of Scale

Explanation:

If a firm expands its scale of production and finds that it is able to negotiate better prices with its suppliers then the curve that best applies to the firm is 'economies of scale'

Economies of scale is a concept in microeconomics that holds that there are benefits of cost reduction that is due to an enterprise when it increases its scale of operation.

The benefit is better demonstrated in the average cost per unit because as more and more units are produced, lesser and lesser portion of the fixed costs of the overhead fixed costs become attributable to each unit and even the variable cost falls because material price becomes cheaper as a result of quantity discounts, even labour could double their output with overtime payment which is less than doubling wages.

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