The approximate size of the initial population of the rats five years before is 89. With average of 1.4 growth rate per year, it accumulated to 478 rats over the 5 years time.
Answer:
A. Building a relationship is given a higher priority than accomplishing the deal
<span>Return of 6 month treasury bill = 6/94 = 6.383% Annual return with semi-annual compounding = 6.383% * 2 = 12.766%
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STSN</span>
Answer:
d. workers are able to specialize in a particular task.
Explanation:
In Microeconomics, economies of scale can be defined as cost reductions or cost advantages that arises when a business entity is increases its production or are large in size.
This ultimately implies that, when an organization chooses a convenient scale of operation or reduce its scale of production, this would lead to a reduction in the cost of production and consequently, some benefits such as lower long-run average cost, increased sales, profits and lower cost price for the consumers of these finished products.
Generally, economies of scale arise when workers are able to specialize in a particular task. This is so because having a good number of professionals and experts would increase the level of production or output, as they are quite conversant with the best method of production, time management and efficiency.
Answer:
The economic life of a business can be divided into artificial time periods.
Explanation:
Generally the accounting period is a calendar year, or in case if it is not the same then it is the period of 12 months. Although sometimes the management wants to take decisions based on short time period than the actual accounting year.
Accordingly in the accounting world based on this assumption the companies tend to make accounting records even for such desired period. Accordingly it assumes to divide the accounting period into artificial time periods.