if, when a firm doubles all its inputs, its average cost of production increases, then production displays
Answers
When a firm doubles all its inputs and its average cost of production increases, this implies that the firm is experiencing diseconomies of scale. Diseconomies of scale occur when the firm's average cost of production increases as it expands its production scale.
There are several reasons why this might happen. One possible explanation is that the firm is facing inefficiencies in its operations as it grows larger. These inefficiencies could be due to difficulties in coordinating and managing a larger workforce or problems with communication and decision-making processes. Another reason for the increase in average cost could be the scarcity of resources. As the firm expands its production, it may face difficulties in acquiring the necessary inputs, such as raw materials or skilled labor. This scarcity can drive up the cost of production, leading to higher average costs.
Additionally, increasing the scale of production may also lead to diminishing returns. This means that as more inputs are added, the additional output generated becomes progressively smaller. As a result, the firm's average cost of production increases. In conclusion, when a firm doubles all its inputs and its average cost of production increases, it suggests that the firm is experiencing diseconomies of scale. This can be attributed to inefficiencies, resource scarcity, and diminishing returns.
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Related Questions
what fbs school shared a stadium with an expansion mls franchise in 2019 and 2020 while the mls team's new stadium was being built?
Answers
The Florida Atlantic University (FAU) Owls shared a stadium with the Inter Miami CF, an expansion Major League Soccer (MLS) franchise, in 2019 and 2020 while the MLS team's new stadium was being built.
In 2019 and 2020, the Inter Miami CF, a new MLS franchise, was in the process of constructing their own stadium. During this time, they shared a stadium with the Florida Atlantic University (FAU) Owls. This arrangement allowed the Inter Miami CF to have a temporary home while their new stadium was being built.
The shared stadium provided a venue for both the FAU Owls' college football games and the Inter Miami CF's MLS matches. This collaboration between the college football team and the MLS franchise allowed both teams to utilize the stadium until the construction of the new stadium was completed.
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each intermediary in the marketing channel ______.
Answers
Answer:
There are four main types of intermediary: agents, wholesalers, distributors, and retailers. A firm may have as many intermediaries in its distribution channel as it chooses. It can even have no intermediaries at all, if it practices direct marketing
Basically, all the intermediaries in marketing channel adds value in terms of the functions they performs.
The distribution of goods is made possible through Channels of distribution, but the Intermediaries are independent entities within the channel that make the product available for consumption.
The intermediaries in the Marketing channel includes the agents, wholesalers, distributors and retailers.
Therefore, all the intermediaries in marketing channel adds value in terms of the functions they performs.
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Which of the following represents the different organizational levels of data?
Multiple Choice
a. executives, managers, operational employees
b. document, presentation, spreadsheet, database
c. Individual, department, enterprise
d. detail, summary, aggregate
Answers
The different organizational levels of data refer to the varying levels of granularity at which data can be analyzed and summarized. These levels are detail, summary, and aggregate. Here option D is the correct answer.
Detail: This level represents the raw, granular data at its most basic level. It consists of individual data points or records that are typically collected and stored in databases or other data storage systems. Detail-level data provides a comprehensive view of specific transactions, events, or attributes.
Summary: At the summary level, data is aggregated and grouped based on specific criteria or dimensions. Summary data provides a higher-level view of the information by consolidating and condensing the underlying detail.
It allows for analysis at an intermediate level of granularity, providing insights into patterns, trends, or summaries of subsets of data. Aggregate: The aggregate level represents the highest level of data organization.
It involves the consolidation of data across multiple dimensions or groups to provide a comprehensive and holistic view of the data.
Aggregated data is often used for high-level decision-making and strategic planning, as it provides a macroscopic understanding of the overall performance or characteristics of a system, organization, or process. Therefore option D is the correct answer.
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Sorting customers by their physical and social characteristics is called ______ segmentation.
Answers
Sorting customers by their physical and social characteristics is called demographic segmentation.
In economic and business, Demographic segmentation generally can be defined as a precise form of audience identification based on data points. The data point that usually used to precise form of audience are like age, gender, marital status, family size, income, education, race, occupation, nationality, and also religion. Each of variable or also criteria is called as a variable of demographic segmentation. Beside that, there are three main criteria of demographic segmentation, there are birth, migration, and aging.
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Record transactions and calculate the ending balances for each account. An Excel template, in which your answer(s) may be entered, can be found in the Student Resource Center.
1. Martin Johnson invests $425,000 to open his new appliance repair business.
2. The company pays $150,000 for land and $70,000 for a building.
3. Martin repairs appliances for three customers. Two of these paid cash totaling $825, while the third customer was billed $300, but has not yet paid.
4. The company purchases radio advertisements for $3,000 cash.
5. The company purchases a car for $23,000 by taking out a no-interest automobile loan.
6. Martin repairs appliances for two customers, receiving a total of $500 in cash.
7. The company makes its first automobile loan payment of $475.
8. The company pays $350 for utilities expense.
9. The company pays $2,000 for employee salaries.
10. Martin withdraws $10,000 from the business.
11. Based on the above transactions, determine the ending balances for each account
Answers
Answer:
Explanation:To determine the ending balances for each account, let's analyze the transactions step by step:
Martin Johnson invests $425,000 to open his new appliance repair business.
Cash: +$425,000
Owner's Equity: +$425,000
The company pays $150,000 for land and $70,000 for a building.
Land: -$150,000
Building: -$70,000
Cash: -$220,000
Martin repairs appliances for three customers. Two of these paid cash totaling $825, while the third customer was billed $300, but has not yet paid.
Accounts Receivable: +$300
Cash: +$825
Revenue: +$1,125
The company purchases radio advertisements for $3,000 cash.
Advertising Expense: -$3,000
Cash: -$3,000
The company purchases a car for $23,000 by taking out a no-interest automobile loan.
Car: +$23,000
Loan Payable: +$23,000
Martin repairs appliances for two customers, receiving a total of $500 in cash.
Cash: +$500
Revenue: +$500
The company makes its first automobile loan payment of $475.
Loan Payable: -$475
Cash: -$475
The company pays $350 for utilities expense.
Utilities Expense: -$350
Cash: -$350
The company pays $2,000 for employee salaries.
Salaries Expense: -$2,000
Cash: -$2,000
Martin withdraws $10,000 from the business.
Owner's Withdrawals: -$10,000
Cash: -$10,000
Now, let's calculate the ending balances for each account:
Cash: $425,000 - $220,000 + $825 + $500 - $3,000 - $475 - $350 - $2,000 - $10,000 = $190,500
Land: $150,000
Building: $70,000
Accounts Receivable: $300
Advertising Expense: $3,000
Car: $23,000
Loan Payable: $23,000 - $475 = $22,525
Revenue: $1,125 + $500 = $1,625
Salaries Expense: $2,000
Owner's Equity: $425,000 - $10,000 = $415,000
Owner's Withdrawals: $10,000
Utilities Expense: $350
These are the ending balances for each account based on the given transactions.
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What does indigenous technology mean?
Answers
Answer: I hope this is helpful mark brainlist if right then no if wrong
Explanation:
Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.Technologies employed by the native inhabitants of a country and which constitute an important part of its cultural heritage and should therefore be protected against exploitation by industrialized countries; the problem of indigenous knowledge has been discussed during the Rio Conference but it does not receive much ...Types of indigenous technology in India are; (i) Generic Drugs. (ii) Thorium based Nuclear Reactors. (iii) Plastic RoadsIndigenous Technology is created within a sensory environment that builds on our sense of relationship, meaning, balance, feeling, memory and place as well as sight, sound, smell, taste and touchIndigenization is the process by which Indigenous ways of knowing, being, doing and relating are incorporated into educational, organizational, cultural and social structures of the institution.One example of Indigenous Technologies in action today can be witnessed in differential approaches to medicine. Medical technologies in the Western Scientific sense of the term might conjure images of biomedical research labs, electromagnetic monitors or imaging systems such as CT or MRI scans.Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.
A written request to an insurance company to locate the status of an insurance claim is referred to as a/an
Answers
A written request to an insurance company to locate the status of an insurance claim is referred to as a claim status.
What is an insurance company?An insurance company is a business organization that is established to receive premium from all of its customers (insured) for any losses which may or may not occur, so it can easily use this funds to compensate or indemnify for losses that are incurred by those having higher risk.
In financial accounting, a claim status is a terminology which is used to describe a written request by an insured or other service provider to an insurance company to locate the status of an insurance claim.
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_____ are stories about a person’s life written by that individual.
Directories
Biographies
Autobiographies
Encyclopedias
Answers
Biographies is a book written by the individual
Hope this helps *smiles*
Answer: Autobiography
Example: The person above has to be a troll fr
Dan just lost his job. At 44 years old, he worked as a middle manager at a well-known advertising firm for 14 years. Due to a significant loss of clients, the company had to downsize despite Dan being an exemplary employee and winning several awards. The company decided to let Dan go instead of another middle manager who was in a minority group. In a business setting, this occurrence is referred to as
Answers
In a business setting, the given occurrence we called the reverse discrimination
Reverse discrimination is the non-fair treatment of members who belong to the majority group in the workplace that depends upon race, gender, etc.
Reverse discrimination might arise at the time when the majority group like white or males are to be overlooked for following things
JobsPromotionsOther types of opportunitiesThese should provide the preference to the minority group like for women
So therefore we can conclude that In a business setting, the given occurrence we called the reverse discrimination
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Tamar Co. manufactures a single product in one department. All direct materials are added at the beginning of the manufacturing process. Conversion costs are added evenly throughout the process. During May, the company completed and transferred 23,500 units of product to finished goods inventory. Its 5,400 units of beginning work in process consisted of $17,300 of direct materials and $329,940 of conversion costs. It has 3,600 units (100% complete with respect to direct materials and 80% complete with respect to conversion) in process at month-end. During the month, $497,600 of direct material costs and $2,519,100 of conversion costs were charged to production.
Prepare the journal entry dated May 31 to transfer the cost of completed units to finished goods inventory. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar.)
Answers
Answer:
May 31, 202x, 23,500 units completed and transferred out
Dr Finished goods inventory 2,984,500
Cr Work in process 2,984,500
Explanation:
beginning WIP 5,400 units
materials $17,300
conversion $329,940
ending WIP 3,600 units
materials 100% complete
conversion 80% complete (2,880 EU)
units completed and transferred out 23,500
units started and completed 18,100
costs added during the period
materials $497,600
conversion $2,519,100
total costs
materials $514,900
conversion $2,849,040
total EU
materials 18,100 + 5,400 + 3,600 = 27,100
conversion 18,100 + 5,400 + 2,880 = 26,380
cost per EU
materials $514,900 / 27,100 = $19
conversion $2,849,040 / 26,380 = $108
total = $127
costs assigned to finished units = $127 x 23,500 = $2,984,500
The demographic information will tell you where to find the customers.
T
True
or
F
False
Answers
A business that accepts payments by credit and debit cards A. almost always pays a fee to the processor to cover the processing costs B. is usually unable to attract more customers C. generally receives proceeds from credit and debit card transactions 30-45 days after the sale D. must check each customer's credit rating
Answers
Answer:
HOPE THIS HELPS
Explanation:
A. it's almost always pays a fee to the processor to cover the processing costs.
5.
An efficient economy is one that
Ouses its resources to make the most goods and services.
Ohas very few people who do not work for a living.
Omake it possible to increase an economy's output.
Omakes the best use of all its goods and services.
I
Answers
HELP ME!! NOT AN ACTUAL BUISNESS QUESTION THOUGH 20 POINTS!!!!!
not the place for this I know but like can someone tell me what they would take/get for a simple picnic ? it is not a date or anything also this probably obvious but no alcoholic drinks
Answers
Answer:
food lol drinks and food that you and they like
Explanation:
brainiest an i will tell more
Answer:
I would bring fruits and little snackies like chips or pretzels.
Have you seen Zack Snyder's Justice League on HBO Max?
Answers
Answer:
YES!
Explanation:
IT WAS AMAZING I WANT MORE DC FILMS LIKE THAG I DON'T CARE IF ITS ON HBO MAX I WANT MORE
If the quantity demanded is greater than the quantity supplied, what will happen to the price?
A. Go up
B. Go up then down
C. Go down
D. Remain the same
Answers
Connie Duffy started working for Dexter Company on Thursday of this week. She worked 8 hours on Thursday and 10 hours on Friday. Her annual salary is $62,400, and she is an exempt white-collar employee.
Determine her gross pay for her first partial week of work.
Answers
Answer: $480
Explanation:
Therefore, her gross pay for her first partial week of work will be her prorated weekly salary.
To calculate this, we first need to determine her daily salary:
Daily salary = Annual salary / Number of workdays per year
Number of workdays per year = 52 weeks × 5 days/week = 260 days
Daily salary = $62,400 / 260 days = $240 per day
Since Connie worked two days (Thursday and Friday) in her first week, her gross pay will be:
Gross pay = Daily salary × Number of days worked
Gross pay = $240 per day × 2 days = $480
Therefore, Connie's gross pay for her first partial week of work is $480.
To calculate Connie Duffy's gross pay for her first partial week of work, divide her annual salary by the total number of days in a year and then multiply it by the number of days she worked.
Explanation:To determine Connie Duffy's gross pay for her first partial week of work, we need to calculate her daily pay rate and then multiply it by the number of days she worked. Since she worked 2 days in this week, her daily pay rate would be her annual salary divided by the total number of days in a year. In this case, it would be $62,400 divided by 365. Next, we multiply the daily pay rate by the number of days she worked (2 days) to find her gross pay for the first partial week. So, her gross pay would be $341.64.
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For an individual, the most obvious outcome of the consumption process is
a. taking consumption decisions that negatively affect his or her well-being.
b. achieving some level of satisfaction of the need that initiated the process.
c. attaining complete satisfaction of all possible needs.
d. making a purchase regardless of how well it fulfills a need.
Answers
How many months will it take Damián to save up the money for first and last month's rent? Damián's monthly paycheck = $1,300 First and last month's rent = $750 + $750 = $1,500 First month's groceries, cable and internet = $200 + $ 100 = $300
Answers
Answer:
2 months
Explanation:
Damian requires the first and last months rent = $1500
His monthly income is $1,300
The first month's expenses are $300 ( groceries, cable, and internet)
Possible savings from month one = $1000 ($1300 - $300)
To get $1500, Damian will need to save for two months.
Darrin lives in washington, d. C. , which has a sales tax of 6%. He just bought a video camera whose full price was $620, but after sending in a rebate form, he later received a check in the mail for $95. What was the total amount that darrin ended up paying after receiving the rebate?.
Answers
The total amount Darrin paid after receiving the rebate would be $525. It is the basic concept of finding the final price after discount.
To find the final price that Darrin paid for the video camera after receiving the rebate, you need to subtract the amount of the rebate from the original price of the camera. In this case, the original price of the camera is $620, and the rebate he received is $95.
So, to find the final price, you subtract the rebate amount from the original price:
$620 - $95 = $525.
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Choose the term that best matches the description given.
ensures that resources will not be wasted on appealing to customers outside the target market.
Answers
The term that best matches the description given is "Market Segmentation."
It refers to the process of dividing a heterogeneous market into smaller, homogeneous segments based on shared characteristics.
Market segmentation allows businesses to identify specific customer groups within a larger market and tailor their marketing strategies and offerings to meet the unique needs and preferences of each segment. By focusing resources on the target market segments, companies can allocate their budget, time, and efforts more effectively.
This approach helps to maximize the efficiency and effectiveness of marketing activities by directing them towards the customers who are most likely to be interested in the products or services being offered. By avoiding unnecessary marketing efforts towards customers outside the target market, businesses can optimize their resources and improve their overall marketing performance. It ensures that resources are not wasted on appealing to customers outside the target market.
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the basic regulatory framework for public trading of securities within the united states is provided by:
Answers
The basic regulatory framework for public trading of securities within the united states is provided by the Securities and Exchange Commission (SEC)
In U.S. Securities and Exchange Commission (SEC) is an independent government regulatory agency responsible for protecting investors, maintaining the fair functioning of the securities markets, and facilitating capital formation.
The SEC was established by the passage of the U.S. Securities Act of 1933 and the Securities and Exchange Act of 1934, largely in response to the stock market crash that led to the Great Depression
The SEC can itself bring civil actions against lawbreakers and works with the Justice Department on criminal cases.
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PILLAY MANUFACTURERS (PM) mutual agreement for work performed at night after 18:00 and before 6:00 the following day. Pillay manufacturers specialises in the manufacturing of fruit juice. Employees at PM have a normal rate. PM provided all black employees with learnerships and learning programmes. Black females are given opportunities to be included in shareholding in the business. Newly appointed employees were given access to the employment contract and were also inducted on different aspects. The induction programme included the following aspects: The tour of the premises, introduction to key people and immediate colleagues and a discussion of employee benefits. The business strives to set a code for ethical and effective leadership by the board of directors, by ensuring that all King Code principles are applied in all dealings. Employees have demonstrated some unprofessional business practices by taking extended lunch breaks to do their shopping. 1.1.1 PM needs to identify problems that affect their operations to make informed decisions. Brainstorming and force field analysis have been applied to enable them to solve complex business problems. Name TWO provisions of BCEA from the scenario above
Answers
Considering the scenario above, the two provisions of the BCEA would be:
The mutual agreement for night work after 6 pm and 6 am.The induction program that includes discussing employee benefits.What is the BCEA?Corresponds to an acronym for Basic Conditions of Employment Act, which is a South African labor law, which aims to provide decent standards and rights for local workers. Some of its principles are related to:
Working hoursOvertimeAnnual leaveLicensesTermination of the employment contractTherefore, BCEA is essential for labor regulation in South Africa, establishing rules on wages, child labor and other workers' rights.
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The coffee collective's customers enjoy that martha always gets their orders correct and served in a timely manner. this reflects the __________ of the service she provides. multiple choice empathy assurance responsiveness reliability tangibles
Answers
Intangibility. The idea that a service lacks a material foundation is conveyed.
Why is intangibility difficult to explain?being incorporeal or immaterial; not palpable; unable to be detected by touch; not tangible. unclear or lacking in certainty: ethereal justifications An asset that only exists in relation to another thing, such as a company's goodwill
In business terminology, what does the term "intangible" mean?An asset without a physical form is considered intangible. It's an asset that will last for a while and gain value over time. Intellectual property, brand awareness and reputation, interpersonal connections, and goodwill are a few examples of intangible assets.
What does a business term for intangible benefits mean?The profits attributable to the renovation project that cannot be measured directly, sometimes known as "soft benefits," are the intangible advantages.
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Customers at the coffee collective appreciate that Martha always fulfills their orders accurately and promptly. this illustrates how intangible the service she offers is.
Why is it challenging to describe intangibility?being immaterial, incorporeal, not tactile, not detectable by touch, or tangible. Ethereal justifications are those that are uncertain or lack assurance. a resource that only makes sense in relation to another object, as the goodwill of a business.
What does "intangible" mean in the context of business?
An asset is deemed intangible if it has no physical form. It is a piece of property that will hold its value throughout time and last for a while. Intangible assets include things like goodwill, intellectual property, brand recognition and reputation, interpersonal relationships, and brand awareness.
What does an acronym for intangible benefits signify in business?
The benefits that can't be readily measured, also referred to as "soft benefits," are the intangible advantages of the restoration project.
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Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?
Answers
Answer:
it depends on the measures taken to ensure that economy is stable.
Answer:
1. it is difficult to say since contractionary periods have varying lengths in different business cycles.
2. shock
3. high unemployment
4. two
5. expansion stage of the business cycle
Explanation:
just took it
PLEASE
what is lean production? in details (GCSE) keywords.
Answers
Answer:
actually I am very sorry I didn't learn this I don't take business
Explanation:
Sorry would there be anything else I can help u with
Who is responsible for reporting all taxable income even if it does not appear on a W-2 form?
Answers
Answer:
IRS
Explanation:
Leakages include Group of answer choices exports. business saving. government spending. inventories.
Answers
Leakages include exports, business savings, and inventories. The main answer to the given question is exports, business savings, and inventories.
In macroeconomics, leakage refers to an outflow or withdrawal of money from the economy's circular flow. In other words, it is the accumulation of the total amount of capital lost or taken out of a country's economy through various channels. The leakages from the economy include exports, business savings, and inventories. Export is a leakage because when a country exports goods, the funds go out of the domestic market into the foreign market.
Business saving is a leakage because, when businesses save money, they withdraw money from the economy that could have been invested in the circular flow of income. Lastly, inventories are a leakage because when businesses produce goods that are not sold immediately, the goods accumulate in inventories rather than being purchased by consumers, causing a leakage in the circular flow of income. In conclusion, the main answer to the given question is exports, business savings, and inventories, which are the leakages from the economy.
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The chart shows a range of credit scores.
A bar chart titled Sample Credit Score Range has Rating on the x-axis, and credit score on the y-axis, from 0 to 800 in increments of 100. A poor credit score is 500, a weak score is 600, an average score is 700, a good score is 730, a very good score is 750, and an excellent score is 800.
A credit score between 500 and 600 means a consumer would most likely
find it easy to get a loan.
find it hard to get a loan.
get a loan with low payments.
get a loan with low interest.
Answers
Answer:
find it hard to get a loan.
Explanation:
According to the bar chart, a credit rating of between 500 and 600 lies within a bad and poor credit score. A bad or poor credit score indicates the irresponsible use of credit facilities and bad credit history. It tells that the individual has a history of missing out on loan installments, late payments, or defaulting on loans.
A bad or poor credit rating implies that a customer is highly likely to default on loan repayment. Due to this reason, lenders judge them to be high-risk customers and are likely to deny them credit facilities.
Answer: B
Explanation:
Greg and Jerry are depositing money into savings accounts. Greg deposits $500 into an account
for 2 years with 2% interest. Jerry despots $700 into a different account for 1 year with 3% interest.
Who eams the greatest overall percent interest? Show your work and explain.
Answers
Answer: Jerry
Explanation:
Greg deposits $500 into an account for 2 years with 2% interest, the interest gotten will be:
= $500 × 2 × 2%
= $500 × 2 × 0.02
= $20
Jerry despots $700 into a different account for 1 year with 3% interest, the interest gotten will be:
= $700 × 1 × 3%
= $700 × 1 × 0.03
= $21
Based on the calculation, Jerry makes a greater interest.