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DedPeter [7]
2 years ago
9

After sugar refiner has produced fine sugar for baking purposes, what is left over is used to produce molasses. This technology

exhibits a. ​Economies of scale b. ​Diseconomies of scale c. ​Diseconomies of scope d. ​Economies of scope
Business
1 answer:
Blizzard [7]2 years ago
6 0

Answer:

ECONOMIES OF SCOPE

Explanation:

Economies of Scope concept implies producing different , but related products will reduce the per unit  cost of production of the firm (relatively lesser than if the products would have been produced separately.

This happens because of backward & forward linkages in interrelated but different goods' inputs & outputs .

Ex : In this case, another byproduct - molasses has been produced of waste from sugar production, which could have otherwise been purchased input.

Economies of Production is cost reduction due to quantity & not variety production. Diseconomies of Scale & Diseconomies of Scope are their opposite phenomenas leading to cost rise . So , none of these 3 are apt.

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Jill took $50,000 that she had in savings and started her own business. If left in investments she would have earned $5,000 this
vova2212 [387]

Answer:  Economic cost = $175,000

Accounting cost = $100,000

Explanation: The difference between economic cost and accounting coast is economic cost takes into consideration the next best alternative foregone, that is, opportunity cost whereas accounting cost only sums cost incurred. In the given case the interest on savings and salary of job is the opportunity cost of Jill.

Therefore,

Economic cost = $5000 + $70,000 + $80,000 + $40,000 - $20,000=$175,000

Accounting cost =  $80,000 +  $20,000 =  $100,000

7 0
2 years ago
Athena Jolene, a human resources executive at Thomas Griffith, wants to collect ideas from the company's employees for an upcomi
gregori [183]

Answer:

B) discussion forum

Explanation:

A discussion forum is an online tool where people can post messages and everyone with access to the forum can read what is been shared, give answers and post new content. Because of this, the forum will be the technique that will best help Athena receive suggestions from employees, while also allowing employees to share their ideas with one another. Instant messaging, texting and emailing won't allow the interaction between several people discussing ideas that the forum can provide.

6 0
2 years ago
American Bank quotes a bid rate of $0.026 and an ask rate of $0.028 for the Indian rupee (INR); National Bank quotes a bid rate
Vinvika [58]

Answer:

c. buying rupees from National Bank at the ask rate and selling them to American Bank at the bid rate.

Explanation:

  • Locational arbitrage is a strategy in which one seeks profits from the difference in exchange rates for the same currency at different banks.
  • In our case for locational arbitrage one will have to buy Indian rupee from National bank at the ask rate and then sell them to American bank at the bid rate to make profit.
3 0
2 years ago
Which of the following is not commonly regarded as being part of a firm’s credit policy? a. Credit period b. Collection policy c
Alex
D!!! All of the above
6 0
2 years ago
John purchased 12372 kWh of electricity and 3568 CCF of natural gas in a year. The cost of electricity is 7.1 cents/kWh and that
stealth61 [152]

Answer:

A is correct option 15.6$

Explanation:

According to question,

Electricity purchased =12372 kwh

Cost of electricity = 7.1 cent/kwh =0.071dollar/kwh

Natural gas purchased = 3568 CCF

Cost of natural gas = 1.5 dollar/CCF

BTUs purchased per dollar

=((12372*3412)+(3568*100000))/((12372*0.071)+(3568*1.5))

=64042.8376 BTUs/ dollar

Now, cost of 1MMBTUs =1000000/64042.8376

= 15.6 dollar

5 0
1 year ago
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