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3 years ago

A firm produces two goods q1 and q2. for economies of scope to occur, it must be true that:

1 answer:

5 0

For economies of scope to occur it must be true that THE COST OF PRODUCING THE TWO GOODS TOGETHER IS LESS THAN THE COST OF PRODUCING THE GOODS SEPARATELY.
The economy of scope is the proportionate savings that is gained by producing two or more different goods together, when the cost of doing so is less than that of producing each separately.

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"Under central planning, some group has to decide how to get the necessary inputs produced in the right amounts and delivered to

Dennis_Churaev [7]

Answer:

B. coordination problem under central planning.

Explanation:

As the word coordination is defined as the course of time under which everything moves in synchronization, under this, every thing shall happen at the right time, with the right quality, at the right place.

This is what we call coordination.

Under central planning also the company and the management focuses that all things and processes are coordinated and accordingly all the acts are justified.

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3 years ago

Prime lending rates are 1) __________ than subprime lending rates and are commonly offered to people with 2)__________ credit sc

Alinara [238K]

Prime lending rates are lower than subprime lending rates and are commonly offered to people with good credit scores.

A prime lending rate is a rate used by a bank that is typically used in favor of "good" customers. These people tend to have great credit so they get a larger amount approved but at a lower interest rate than subprime. Subprime interests rates are higher because they are typically given out to those with poor credit history.

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3 years ago

Read 2 more answers

Which of the following compensation proposals is most likely to be in the best interest of the company’s shareholders? A base sa

lianna [129]

Answer:

A base salary of $500,000 plus a stock option package for 250,000 shares, with 20% of shares maturing at the end of each of the next five years

Explanation:

This options will force the employee to stay in the firm for at least 5 years

Also it will tie his contribution to the market share

So their interest will be alinged with the company's interest of increasing his value and project better earnings through the five years program.

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3 years ago

An examination of Hyong Corporation's inventory accounts revealed the following information:

andreyandreev [35.5K]

Answer:

Production= 45,000 units

Explanation:

Giving the following information:

Raw materials, June 1: 46,000 units

Raw materials, June 30: 51,000 units

Purchases of raw materials during June: 185,000 units

First, we need to calculate the raw material used in production:

Direct material used= beginning inventory + purchases - ending inventory

Direct material used= 46,000 + 185,000 - 51,000

Direct material used= 180,000

Now, the production for the period:

Production= 180,000/4

Production= 45,000 units

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3 years ago

What is accounting theory

Gemiola [76]

Answer:

a set of assumption framework and methodologies used in the study of application of financial reporting principles

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3 years ago