The following is a list of various types of economies of scale: (i) The firm can benefit from the specialisation and division of labour. (ii) It can overcome the problem of indivisibilities. (iii) It can obtain inputs at a lower price. (iv) Large containers/machines have a greater capacity relative to their surface area. (v) The firm may be able to obtain finance at lower cost. (vi) It becomes economical to sell by-products. (vii) Production can take place in integrated plants. (viii) Risks can be spread with a larger number of products or plants.
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Business, 22.06.2019 08:30
Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance
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Business, 22.06.2019 13:30
What do you recommend adam do to increase production in a business setting that does not seem to value high productivity?
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Business, 22.06.2019 19:00
12. to produce a textured purée, you would use a/an a. food processor. b. wide-mesh sieve. c. immersion blender d. food mill.
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Business, 23.06.2019 02:40
The mayflower, a seafood restaurant, had the following liabilities by the end of 2015: accounts payable $60,000 wages payable $100,000 unearned revenue $125,000 (60% will be earned in 2016) notes payable $140,000 ($45,000 payable in 2016) what is the amount that the mayflower should report as total current liability on its balance sheet as of december 31, 2015?
Answers: 2
The following is a list of various types of economies of scale: (i) The firm can benefit from the sp...
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