I’m two to four sentences, explain economics of scale.

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Answer 1

Answer: these occur whenever a firm's marginal costs of production diminishes. they could result from change on a macroeconomic level, reducing burrowing costs. or new infrastructure

Related Questions

Assume that the three beachfront parcels are sold to the people that you indicated in the previous section. Suppose that a few days after the last of those beachfront parcels is sold, another essentially identical beachfront parcel becomes available for sale at a minimum price of $560,000. This fourth parcel__1__ be sold because __2__ will purchase it from the seller for at least the minimum price.1) A. WillB. Will not2) A. No oneB. Ravi ($690,000)C. Maria ($720,000)D. Simone ($680,000)
Money that your company has in the bank in case of unexpected financial needs or in case sales slow down is called ____________.a. An asset fund b. A cash reserve c. Equity d. Insurance
What are basic concepts and principles of morality.
When a customer service manger works to diffuse a situation with an irate customer, which of mintzberg's roles is he/she taking on? liaison disturbance handler negotiator resource allocator leader
A flexible budget expresses variable costs on a per unit basis and fixed costs on a total basis. T/F

Last week, Stephanie quit her job as a copywriter at an advertising agency. She has spent the past few days browsing the help wanted ads but hasn't found anything that matches her skills. Stephanie is BEST classified as: A. out of the labor force. B. structurally unemployed. C. a discouraged worker. D. frictionally unemployed.

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Answer:

D. Frictionally unemployed

Explanation:

Frictional unemployment occurs when there is employment transition within the economy. It is sometimes called "search unemployment". It is the time a person spends when a person that is willing and able to work is searching for a job or transferring from one job to another. It is important to note that it doesn't matter if they were dismissed or voluntarily quit their former job. It is differentiated from other type of unemployment because it is a part of normal labour turnover.

Galley, Inc. has a contract for operating the kitchen at the Palm Crest Hotel in Miami, Florida. Mealco has approached Palm Crest's director of operations and stated, "Look, sign with us. We'll take care of whatever damages you owe Galley." Suppose Mealco added the following phrase, "Galley is going under fast. They haven't paid rent in five months and their rent is $15,000 per month." Galley is current on its rent, and its rent is $5000 per month. Mealco's statements: a. are defamatory. b. constitute the tort of negligence. c. are covered under the shopkeeper's privilege. d. none of the above

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Answer:

D) none of the above

Explanation:

Mealco's statements constitute tortious interference, i.e. Mealco is intentionally interfering with an existent business relationship between other parties. Currently, Galley and the Palm Crest Hotel have a valid contract and Mealco is trying to convince one party (Palm Crest Hotel) to breach their contract with Galley. Galley can sue Mealco for tortious interference and seek recovery damages.

According to the lesson, the economic doctrine that opposes government regulation of the economy is called _____.perestroika
laissez-faire
glasnost
coup d'etat

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The economic doctrine that opposes government regulations of the economy is called laissez-faire

What does laissez mean?

a doctrine opposing governmental interference in economic affairs beyond the minimum necessary for the maintenance of peace and property rights.

What does laissez-faire mean literally?

"allow to do"

The French phrase laissez faire literally means "allow to do," with the idea being "let people do as they choose." The origins of laissez-faire are associated with the Physiocrats, a group of 18th-century French economists who believed that government policy should not interfere with the operation of natural economic.

Learn more about laissez-faire here

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LAISSEZ-FAIRE

According to the lesson, the economic doctrine that opposes government regulation of the economy is called LAISSEZ-FAIRE.

Laissesz-faire is an economic situation wherein government intervention is minimal, limited only to keeping peace and observing property rights.

It is a French term that means "let the people do as they choose".

Ewa signs an instrument unconditionally promising to pay to "Sunny State Bank" $5,000 with interest in installments with the final payment due June 1, 2013. Refer to Fact Pattern 24-2B. The instrument that Ewa signed is most likely

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Answer:

a promissory note

Explanation:

Based on the information provided within the question it can be said that the instrument that Ewa signed is most likely a promissory note. This is a not that enforces an unconditional promise, from one individual to another promising to make a certain payment in a certain time period. Which is exactly what EWA is signing when agreeing to pay $5,000 with interest in installments with the final payment due June 1, 2013.

The return on investment (ROI) from education is typically the highest for:

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If this question has the same set of choices like the previous ones, then the answer would be letter D. Someone with a 4-year (Bachelor’s) degree

here are the choices:
A.A high school graduate
B.A college applicant
C.Someone with a 2-year (Associate) degree
D.Someone with a 4-year (Bachelor’s) degree

The employer contributions to the state unemployment insurance fund, group health insurance, or a pension fund are not normally considered a benefit.true or false

Answers

That statement is false

Employer contributions to the state unemployment insurance fund, group health insurance, or a pension fund are CONSIDERED a benefit.

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Ava obtains a short-term loan from a payday loan lender. When the loan is due, Ava does not have enough money to pay the loan. She uses her credit card to pay it off rather than extend the payday loan. Will Ava's actions increase the total cost of the loan more than just extending the loan? Why or why not?No, because she will not have to pay any interest on her credit card. No, because the interest charged by her credit card will be less than the interest charged by the payday lender. Yes, because payday loans do not charge extra fees or interest to extend a loan. Yes, because the interest charged by the payday lender is less than the interest rate of her credit card.

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