Answer:
A
Explanation:
When we have more students that enjoy studying history than enjoy studying math and science needed to get a degree in Chemical engineering , this will lead to a large no of history graduates in the labor market making the availability of chemical engineers graduate to be fewer and the demand for it higher.
This in effect cause a higher income for the chemical engineers as they become more of a scarce resources compared to history despite the students spending the same number of years to graduate in the college.
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.
Answer:
Modified Internal Rate of Return (MIRR) is higher than the discount rate. Therefore, this offer should be accepted.
Explanation:
Find the given attachment
I believe it should be lack of investment
<u>Answer:</u>
<em>Break even point is calculated by dividing Fixed cost by ( Price per unit- variable cost).</em>
<u>Explanation:</u>
The <em>break even point</em> is equivalent to the all out fixed costs partitioned by the contrast between the unit cost and variable expenses. The denominator of the condition, value short factor costs, is known as the <em>commitment edge</em>.
After <em>unit variable</em> expenses are deducted from the value, anything that remains—??? the commitment edge—? is accessible to pay the <em>organization's fixed expenses.</em>
