In the long run a company that produces and sells popcorn incurs total costs of $1,050 when output is 90 canisters and $1,200 when output is 120 canisters. The popcorn company exhibits a. economies of scale because total cost is rising as output rises. b. diseconomies of scale because total cost is rising as output rises. c. economies of scale because average total cost is falling as output rises. d. diseconomies of scale because average total cost is rising as output rises.

Answers

Answer 1

The popcorn company exhibit economies of scale because average total cost is falling as output rises.

The first step is to determine the average cost when output is 90 and 120 canisters.

Average cost = total cost / total output

average cost when output is 90 = $1050 / 90 = $11.7

average cost when output is 120 = $1200 / 120 = $10

Average cost reduced when output increases from 90 to 120. This is known as economies of scale. A firm experiences economies of scale when as output increases, average total cost reduces.

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Related Questions

State the main legislation for health and safety
Quick as possible please

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Answer:

hold on i will get back to you in a moment

Bramble University sells 3,500 season basketball tickets at $80 each for its 10-game home schedule. Bramble considers revenue to be earned proportionately as each game is played, regardless of how many ticket-holders attend the game. For the journal entries below, use the following account abbreviations: REV

Answers

If Bramble earned proportionately as each game is played, the appropriate journal entry are:

Based on the information given if the university sells 3,500 season basketball tickets at $80 each game, the appropriate journal entry to record the transaction is:

Bramble University journal entry

Debit Cash $280,000

Credit Unearned ticket revenue $280,000

(3,500 x $80 =$280,000)

(To record sales of ticket)

Debit Unearned ticket revenue $28,000

Credit Ticket revenue $28,000

(3,500 x $80)/10=$28,000)

(To record revenue recognized)

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Subprime lending is thought to be a contributing factor to the recent housing bubble. Which is an example of subprime lending

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Considering the recent housing bubble analysis, the example of subprime lending is Bradley is a first-time homebuyer who does not have enough money for the usual 20% required for a down payment. Nonetheless, a bank offers Bradley a loan because his income is sufficient and home prices have increased.

This is because subprime lending is a type of lending whereby the lender lends money to borrowers with low credit ratings.

Also, it should be noted that Above-average interest rates characterize subprime lending.

Given that Bradley can not afford the usual 20% required for a down payment, this shows he is a borrower with low credit ratings.

Hence, in this case, it is concluded that the correct answer is option A.

The available options are the following:

A. Bradley is a first-time homebuyer who does not enough money for the usual 20% required for a down payment. Nonetheless, a bank offers Bradley a loan because his income is sufficient and home prices have historically increased.

B. Jurgen wants to purchase a home and is hoping to minimize his monthly mortgage payments. The bank offers Jurgen an adjustable rate loan which has a lower initial rate but will potentially increase in the future.

C. Chris is a real estate tycoon. He owns many homes and apartment complexes. Because he owns so many properties, he is particularly vulnerable to fluctuations in the real estate market. His bank is willing to loan him more money despite this risk.

D. Vincenzo does not have sufficient income to afford the payments on the mortgage for which he is applying. However, Vincenzo\'s older and wealthier girl friend has agreed to co-sign the loan. The bank agrees to loan Vincenzo more than he can afford to repay because of existence of his co-signer.

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In a(n) ________, an individual or firm contracts with a parent company to set up a business or retail outlet.

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There are different kinds of businesses. In a franchise system. an individual or firm contracts with a parent company to set up a business or retail outlet.

Franchising is simply known to be a type of contractual system. It is often used to commercialize products, services or technology.

There are five major types of franchises. They are: job franchise, product franchise, business format franchise, investment franchise and conversion franchise.

A franchise (or franchising) is simply known as a process of sharing products or services involving a franchisor, who establishes the trademark of the brand of a business system, and a franchisee, who is responsible for paying a royalty under the franchisor's name and system.

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Imagine being an advisor to Hank Harris. What would you suggest should be Seller's Lab competitive strategy going forward

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Seller's lab can use either the cost leadership, cost focus, differentiation leadership, or differentiation focus strategy depending on the situation of the company.

A competitive strategy is a defined plan that allows a company to:

Increase its profits.Have an advantage over competitors.Adress customers' needs.

In marketing, four main strategies can be used depending on the situation and objectives of each company

Cost leadership strategy: The purpose of this strategy is to have lower costs than similar companies, which increases profit.Cost focus: This strategy aims at reducing costs to increase profit.Differentiation leadership: This strategy aims at making the company's products unique in comparison to similar companies.Differentiation focus: This strategy focuses on adding special characteristics to products, which can influence customers' loyalty.

Note: This question is incomplete because there is no information about Seller's lab. Due to this, I answered it based on general knowledge.

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orthwest Fur Co. started 2021 with $114,000 of merchandise inventory on hand. During 2021, $590,000 in merchandise was purchased on account with credit terms of 2/15, n/45. All discounts were taken. Purchases were all made f.o.b. shipping point. Northwest paid freight charges of $8,700. Merchandise with an invoice amount of $4,800 was returned for credit. Cost of goods sold for the year was $372,000. Northwest uses a perpetual inventory system. Assuming Northwest uses the gross method to record purchases, what is the cost of goods available for sale

Answers

Answer:

The cost of goods available is 3900

List five kinds of harm that could occur to your own personal computer. Estimate the likelihood of each, expressed in number of times per year (number of times could be a fraction, for example, 1/2 means could be expected to happen once every two years). Estimate the monetary loss that would occur from that harm. Compute the expected annual loss from these kinds of harm.

Answers

The most frequent damages in computers are: Blue screen, Ram problems, continuous shutdown, slow performance, and virus infection.

Blue screen. It is estimated that it can happen 1/2 per year. It is one of the most common computer problems. Generally, it indicates a serious problem, which may be hardware or driver related, so the repair value is high, about $ 50.

RAM problems. It is estimated that it can happen 2/4 per year. It is a problem that is caused by misconfiguration, or a RAM slot is not fitting correctly, which causes it to not work. Its repair is worth about $ 25.

The computer shuts down by itself or restarts itself. It is estimated that it can happen 12/20 times per year. This damage is caused by lack of maintenance in the hardware or problems with the software. For example, if there is dust accumulated on the fans, this obstructs the air and does not allow the computer to cool properly, causing it to shut down. Your repair is worth about $ 50.

Slow performance. It is estimated that it can happen 45/50 times per year. This damage is caused by different factors. However, the most common is the lack of maintenance. Your repair costs about $ 15.

Computer infected with viruses. It is estimated that it can happen 6/10 in a year. Viruses are a type of software that can harm your computer and related systems. Your repair costs about $ 20.

According to the above, the total estimated cost per year for the computer fix is ​​$ 160.

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SUPPORT NUMBER -1-833.983-2639 | HELP ☎

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Explanation:

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All of the following is true about CRM, or Customer Relationship Management except:______.
a. It is an enterprise software
b. Accounting department uses it to facilitate billing
c. It is replacing the human resource department
d. It is the processes a company uses to track and organize all aspects of customer encounters

Answers

Answer:

B

Explanation:

The purpose of CRM is not to replace the human resource department.

Considering the available options, the statement that is not true about CRM or Customer Relationship Management is "Accounting department uses it to facilitate billing."

CRM is an enterprise software with a rough global market value of over $40 billion.

Because it is an automated system, many firms are now using it to replace the human resource department.

Also, CRM is known for being a process that a company uses to monitor and oversee all aspects of customer relations.

Hence, in this case, it is concluded that the correct answer is option B. "Accounting department uses it to facilitate billing."

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Why do businesses compete in free enterprise system?

Answers

Answer:

Businesses in free enterprise systems compete with each other to produce better products at better prices. Competition leads to innovation, new ideas and a more competitive market. Competiting allows businesses to control themselves and their ideas in an efficent manner.

However, competition in the free enterprise systmem leads to lower wages and income. It leads to the best product at the lowest price. It leads to a variety of products available to the consumer.

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A __________ refers to a communication structure in which team members freely communicate with one another and arrive at decisions together.


✔ a. decentralized network

b. centralized network

c. circular network

d. linear network

e. gossip structure

Answers

Answer : circular network

A stock is currently selling for $80 per share. You could purchase a call with a strike price of $76 for $9. You could purchase a put with a strike price of $76 for $3. Calculate the intrinsic value of the call option.

Answers

Answer:

76

Explanation:

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what are the effects of business on environment? List them. ​

Answers

Answer:

The four main environmental issues that are most likely to influence the activities of a business are climate change, pollution, sustainability and waste reduction.

Explanation:

Which of the following best describes the adjustment to​ long-run equilibrium if an​ economy's short-run equilibrium output is below potential​ output? A. Since unemployment is less than its natural​ rate, there will be excessive tightness in the labor market​ and, consequently, pressure on firms to raise their prices at a more rapid rate. This acceleration of inflation shifts the​ short-run aggregate supply curve up​, pushing the​ economy's output down toward its potential output. B. Since unemployment is less than its natural​ rate, there will be excess slack in the labor market​ and, consequently, pressure on firms to raise their prices at a less rapid rate. This deceleration of inflation shifts the​ short-run aggregate supply curve up​, pushing the​ economy's output up toward potential output. C. Since unemployment is greater than its natural​ rate, there will be excess slack in the labor market​ and, consequently, pressure on firms to raise their prices at a less rapid rate. This deceleration of inflation shifts the​ short-run aggregate supply curve down​, pushing the​ economy's output up toward potential output. D. Since unemployment is greater than its natural​ rate, there will be excess slack in the labor market​ and, consequently, pressure on firms to raise their prices at a less rapid rate. This deceleration of inflation shifts the​ short-run aggregate supply curve down​, pushing the​ economy's potential output down toward its​ short-run output.

Answers

In a situation where the short-run equilibrium output is below potential​ output in an economy, the adjustment will be B. Since unemployment is less than its natural​ rate, there will be excess slack in the labor market​ and, consequently, pressure on firms to raise their prices at a less rapid rate. This deceleration of inflation shifts the​ short-run aggregate supply curve up​, pushing the​ economy's output up toward potential output.

In the long run equilibrium, the aggregate supply and aggregate demand are equal.

In a situation where unemployment is less than its natural​ rate, this will lead to excess slack in the labor market​ and pressure will be on firms to raise their prices at a less rapid rate.

This deceleration of inflation will then brings about the short-run aggregate supply curve up​ and this ultimately, pushes the​ economy's output up toward potential output.

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A single factory produces two different products during each half of the year with equivalent fixed cost; from January through June they produce Product A and from July through December they produce Product B. Product B costs three times as much to produce and the price of Product A is one third of Product B. The breakeven quantity of Product A as related to the breakeven quantity of product B is best represented by:

Answers

The breakeven quantity of Product A as related to product be is 1/3.

The breakeven quantity refers to the minimum of units a company needs to sell to cover the costs that implied producing that good.

For example, if production costs are $1000 and each unit sale price is 10, the company will need to sell at least 100 units ($1000 / 10 = 100).

In the case of product A and B, it is known product A cost only 1/3 of product B. For example:

Product A: $100 (production cost).Product B: $300 (production cost).

In this context, the breakeven quantity for product A will be a third of the one for product B.

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Information accessibility focuses on ________.

a. defining what information a person or organization has the right to obtain about others.
b. information that has been encrypted by the owner to make it unaccessible to others
c. who owns information about individuals and how information can be sold and exchanged
d. what information an individual should have to reveal to others in the workplace
e. identifying who is responsible for informational errors that harm people

Answers

Answer:

A) Defining what information a person or organization has the right to obtain about others.

How are flexible exchange rates different from fixed exchange rates?

Answers

flexible exchange rates depend on multiple variables in the market but fixed exchange rates stay the same no matter the change in variables.

Suppose that hiring a third worker at the campus coffee shop increases output from $135 per hour to $190 per hour. What is the marginal product of labor per hour from adding that third worker

Answers

Based on the information given the marginal product of labor per hour from adding that third worker is $55 per hour.

Using this formula

Marginal product of labor per hour  

=Change in sales/ Change in number of workers

Where:

Change in sales=($190 per hour-$135 per hour)

Change in number of workers=1

Let plug in the formula

Marginal product of labor=($190-$135)/1

Marginal product of labor=$55/1

Marginal product of labor =$55 per hour

Inconclusion the marginal product of labor per hour from adding that third worker is $55 per hour.

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Which is a correct statement about common types of test questions? O There is little difference in how these types of questions should be approached. Most can be approached by determining relationships between sets of ideas. Most can be approached by determining whether an idea or fact is accurate. Each type of question should be approached with a specific strategy.​

Answers

Answer: it’s C

Trust Me

Answer:

D ( Each type of question should be approached with a specific strategy).

Explanation:

Have an amazing day/night!! <33

God Bless All <33

Homework help

The acronym used for the process of setting goals is..

O ACHIEVE
O OUTCOME
O GOAL
O SMART

Answers

Answer:

SMART

Explanation:

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As opposed to running for office, careers in
government administration are what kind of
positions?
A. permanent
B. freelance
C. contract

Answers

Answer:

I think its freelance .

Answer:

The answer would be B. freelance

Explanation:

I got it right on my test; Edmentum

Efficiency wages are a way to reward raw talent and abilities. a way to compensate workers for experience and training. a way to compensate workers in unattractive or unpleasant jobs. an incentive scheme designed to motivate and retain workers.

Answers

Answer:

An incentive scheme designed to motivate and retain workers.

Explanation:

Answer:

An incentive scheme designed to motivate and retain workers.

Explanation:

a) A customer wants to return a never-worn pair of shoes and a dress that was worn
once. The customer paid $90 for the shoes and $125 for the dress. What is this
customer's refund amount for her returns? (2 points)

Answers

Answer:

$215

Explanation: You sum the amount of money spent on each item, and refund that amount to the customer. 90 + 125 = 215.

What type of person-fit in the workplace is related to the fit between the wants and needs of an individual and the characteristics of their job

Answers

A Person-job fit is the type of person-fit related to the fit between the wants/needs of an individual and the characteristics of their job

A person-job fit refers to the compatibility between an individual and the job that they perform based on the employee needs.

In other word, the Person–job fit refers to the the degree of alignment between the individual (employees) and the job/task he is performing.

Hence, the Person-job fit is the type of person-fit related to the fit between the wants/needs of an individual and the characteristics of their job

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True or False: Some nonactivists believe in a predetermined-money growth rate, which suggests that the monetary authorities should target the proper federal funds rate before implementing monetary policies. False

Answers

True Some no activist believe in a predetermined money growth rate

__________ is any proprietary software licensed under exclusive legal right of the copyright holder.

Answers

Answer:

Closed Source

Explanation:

Closed source is any proprietary software licensed under exclusive legal right of the copyright holder.

You are replacing a team’s leader and have noticed a number of team norms. If you are wondering how certain behaviors got established as acceptable, you should inquire about:

CHECK ALL THAT APPLY
- What behaviors research has shown are most productive for teams
- Patterns of behavior that were laid down during the forming stage, when the team was just starting out
- Explicit statements that influential people have made about what behaviors are good and bad
- Critical events in the team’s history that reinforced certain behaviors

Answers

Answer:

✘ What behaviors research has shown are most productive for teams

✔ Patterns of behavior that were laid down during the forming stage, when the team was just starting out  

✔ Explicit statements that influential people have made about what behaviors are good and bad  

✔ Critical events in the team’s history that reinforced certain behaviors

You should inquire about Patterns of behavior that were laid down during the forming stage, when the team was just starting out, Explicit statements that influential people have made about what behaviors are good and bad, and Critical events in the team’s history that reinforced certain behaviors. Thus, option B, C and D are correct.

What are patterns of behavior?

Chains of behavior is another name for behavior patterns, emphasizing its structure as a complex connection of simpler behavioral segments. They could be created through operant conditioning using different segments presented in the right sequence. referred to as a behavioral pattern.

Some actions can be picked up through experience. Any person can be conditioned to act a certain way, regardless of background. This can start as early as infancy. For instance, if you were raised in a home where someone struggles with anxiety, you may have picked up on coping mechanisms or ways of handling situations that are similar. This may thus create the appearance that you suffer from anxiety yourself, but this is not the case.

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A(n) _____ is an arrangement where workers who don't join a union must make payments equal to union dues and fees to get union representation services.

Answers

Workers who don't join a union must make payments equal to union dues and fees to get union representation services in an agency shop

A(n) agency shop is an arrangement where workers who don't join a union must make payments equal to union dues and fees to get union representation services.

Agency is a business relationship in which a principal gives a legal right to an agent to act on his behalf. The agent acts on behalf of the principal when dealing with a third party.

Therefore, workers who don't join union in an agency shop must pay equal union dues and fees.

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define motivation.explain it's importance. ​

Answers

Answer:

motivation refers to those wishes,desire, drive that stimulates or activation the man to do things..

Explanation:

The important words here are 'needs', 'values' and 'goals' and these are the building blocks of motivation that lead to actions: Needs are basic requirements for survival and may be physical or psychological; for example, hunger, thirst, love or friendship.

I hope you are motivated to this answer......

Which global facility type is set up in an area with an abundance of advance suppliers, competitors, and research facilities

Answers

The global facility type set up in an area with an abundance of advance suppliers, competitors, and research facilities is called Outpost Factory

One of the primary purpose of establishing outpost factory is to enable a company have access to the skills required by them due to the availability of suppliers and research facilities.

An outpost factory is established in a location where there are concentration of companies producing similar products(competitors) so that they can tap in from their knowledge. Other types of global facilities are source factory, server factory, contributory factory etc.

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PLSS HELP NEED THIS TODAYRecall what you have learned about analyzing informational texts to write an analysis of Perfectly Imperfect by Donna Bozzone. Use the following prompts to guide your response:1.Write a paragraph in which you analyze the text structure of the informational text. Identify the text structure. Explain how you identified it. Tell how the authors choice of structure helped you as a reader.2.Write a paragraph in which you analyze the authors purpose and point of view. Explain how you determined the authors point of view. Tell how thinking about the authors purpose and point of view helped you understand the topic.3.Write a paragraph in which you analyze how the author distinguished their position from other positions. Explain what you learned from thinking about the different positions. Give examples from the texts. use fraction strips to find the sum. Write your answer in simplest form.1/3 + 1/4 Under the LIFO retail inventory method, the cost of a new layer added during the period is determined by multiplying the retail value of the layer by the:________.a. cost-to-retail percentage based on the goods available for sale. b. beginning-inventory cost-to-retail percentage. c. current-period cost-to-retail percentage. Stella is ordering a taxi from an online taxi service. The taxi charges $3 just for the pickup and then an additional $1.75 per miles driven. How much would a taxi ride cost if Stella is riding for 2 miles? How much would a taxi ride cost that is m miles long? which impressionist artist told an art dealer, i want to paint stunning pictures that you can sell for very high prices? pls pls help!!! brainliest!!Chris got a new cell phone and wanted to download some music. The graph shows the storage on his cell phone as a function of-intercept in terms of this problem. A. The x-intercept shows that he can download 53 songs before running out of storage on his phoneB. The x-intercept shows that he started with 16 songs downloaded before adding more.C. The x-intercept shows that he has 53 GB of storage on his phone.D. The x-intercept shows that he can download 16 songs before running out of storage on his phone. Water drains from a 60 gallon bath tub at a constant rate. It empties in 5minutes. What is the rate?Help me pls Jason has sixteen books and fifteen magazines in his library. He bought several books at a yard sale over theweekend. He now has ninety-four books in his library. How many books did he buy at the yard sale? a small square garden has an area of 25 square yards. how long is each side of the garden? Which type of solid is dry ice (solid carbon dioxide)? ionic atomic molecular none of the above. Imputation" means to softlyaccuse someone. "Parsimonymeans to be very cheap. Whatdo words like "bulldozing*"burned" suggest about howDella saved money, and howshe feels about it?Please help!! Complete the inequality statement.1 1/2 ft ___ 16 in.A. >B. what is the name of the shift that occurred in the mid-20th century in response to the behaviorist movement, and instead focused on thoughts and feelings and concepts like perception, attention, and memory? Decide which story can be represented by the system of equations below. y=x+6.5y=x+6.5x+y=19.5x+y=19.5a. Rosa has 6.5 times more blue fabric than red fabric. She has a total of 19.5 yards of fabric. b. Ryan's shoe size is 6.5 sizes larger than his little brother, Harrison. Ryan and his sister, Sasha's, shoe sizes add up to 19.5. c. Yandel has 6.5 more pieces of pizza than his dad. Together, he and his dad have 19.5 pieces of pizza. Find total cost to the nearest cent.$1500 computer; 7% tax Mutations cause changes in _____. According to page 8-9, what are some situations in which people in this society are "released"? Please help. I just dont feel like doing it rn Lilly would like to start investing. What tools and services can she benefit from? I will brainliest, if somebody help me, please please please :(