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victus00 [196]
2 years ago
7

Economies of scale give an advantage to what type of company? A. A company with a small number of employees B. A company that ma

kes many sales C. A company with many variable costs D. A service-based company.
Business
1 answer:
Taya2010 [7]2 years ago
5 0

Answer:

B. A company that makes many sales

Explanation:

I got the answer right on Edge.

You might be interested in
Sparks Corporation has a cash balance of $5,480 on April 1. The company must maintain a minimum cash balance of $5,000. During A
beks73 [17]

Answer:

d) $3,920

Explanation:

The computation of the borrowed amount is shown below:

= Beginning cash balance + expected cash receipts - expected cash disbursements - minimum monthly cash balance

= $5,480 + $56,200 - $60,600 - $5,000

= $3,920

We easily add to the starting cash balance the estimated cash receipts and deducted the expected cash disbursements and the minimum monthly cash balance, in order to get the correct value

5 0
3 years ago
During the 1990s, one of the dominant firms in the U.S. cigarette industry would raise prices once or twice a year by about 50 c
Veronika [31]

Answer:

This is an example of price leadership.

Explanation:

Price leadership is a type of practice where a firm, most likely a dominant one, sets the price and other firms follow it. It is commonly seen in an oligopoly market.  

In an oligopoly market, there are a few firms, these firms are interdependent. A price change by one firm affects its rivals.

Price leadership is of different types.

  • Barometric
  • Collusive
  • Dominant

So when a dominant firm changes its price, the followers have to follow it if we they want to retain their market share.

8 0
3 years ago
Item 13 assume markup percentage equals desired profit divided by total costs. what is the correct calculation to determine the
xz_007 [3.2K]

The calculation to determine the dollar amount of the markup per unit: Total cost per unit times markup percentage per unit.

Total cost, in economics, is the sum of all costs incurred by a company in generating a certain stage of output. Knowledge of the full fee involved in producing their output lets a business have better knowledge of their profitability and efficiency. This may allow an organization to determine whether or not they want to reevaluate their pricing approach, reduce expenses or take different steps to grow their profitability.

Markup percentage is a percent markup over the cost fee to get the promoting price and is calculated as a ratio of gross income to the price of the unit. The amount of markup allowed to the store determines the money he makes from promoting each unit of the product. Better the markup, extra the price to the purchaser, and extra the cash the store makes.

Learn more about Total cost here brainly.com/question/14332852

#SPJ4

8 0
2 years ago
Match the following terms to the correct definition. The maximum expected output capability of a resource or system. An approach
tamaranim1 [39]

Answer:

The maximum expected output capability of a resource or system. - Is the definition of <u>Design Capacity.</u>

An approach to a firm's acquisition of resources that will either lead, lag, or track the customer demand. - Is the definition of <u>Capacity Expansion Strategy.</u>

A capacity acquisition strategy where expansion takes place before the demand materializes and never falls behind the capacity growing requirements. - Is the definition of <u>Lead the Demand.</u>

The expected output capability of a resource or system after accounting for scheduled down time (like for maintenance).- Is the definition of <u>Effective Capacity.</u>

A capacity acquisition strategy where expansion takes place only after the demand materializes and never exceeds the demand. - Is the definition of <u>Lag the Demand.</u>

5 0
3 years ago
When the accounts of Blue Inc. are examined, the adjusting data listed below are uncovered on December 31, the end of an annual
torisob [31]

Answer:

1.-

insurance expense   1,020 debit

    prepaid  insurance              1,020 credit

2.-

rent revenue   1,650 debit

            cash                          1,650 credit

cash      1,650 debit

   unearned revenue      1,650 credit

unearned revenue    1,100 debit

   rent revenue                      1,100 credit

3.-

advertizing expense    535 debit

    advertizing supplies          535 credit

4.-

interest expense     802 debit

      interest payable         802 credit

Explanation:

2-years of 4,896 AKA 24 months

months outstanding during the year: August 1st to December 31th: 5 months

4,896 x 5/24 = 1,020

purchases of advertising materials  801

materials on hand at year-end       <u> (266)  </u>

advertising expense                         535

we must reverse the entry as the rent revenue wasn't accrued yet we have unearned revenue and at year-end we adjust for the earned protion which is 2 months: 1,650 x 2/3 = 1,100

as the inerest are accrued it means we aren't paying them at year-end

5 0
3 years ago
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