Assume that a certain product has the demand function given by

When a government introduces regulations addressing worker safety and environmental protection, it affects businesses and consum

Masteriza [31]

When a government introduces regulations addressing worker safety and environmental protection, it affects businesses and consumers.Businesses face Higher cost because the must alter existing infrastructure to<span> meet regulations. As a result, consumers pay more for the same produced goods.

Hope this helps!</span>

6 0

2 years ago

You purchase an annuity due for $1,200. The annuity has 11 annual payments of 100 and a larger payment at the beginning of year

romanna [79]

Answer:

Give me brainliest pls! I neeed it to rank up jus pls do it!

Explanation:

8 0

2 years ago

Last year Electric Autos had sales of $175 million and assets at the start of the year of $300 million. If its return on start-o

nalin [4]

Answer:

Operating profit margin = 25.71%

Explanation:

Amount of return on asset = Rate of return x Asset value

Amount of return on asset = 15% x $300,000,000

Amount of return on asset = $45,000,000

Operating profit margin = Amount of return on asset / Sales

Operating profit margin = $45,000,000 / $175,000,000

Operating profit margin = 0.257143

Operating profit margin = 25.71%

5 0

2 years ago

Suppose that a car manufacturer discovers that it can lower its average costs if it diversifies its operation by also producing

frutty [35]

Answer: Economies of scale

Explanation:

Economies of scale occurs when there is a reduction in cost as a result of an increase in production. Economies of scale are the cost advantages which a business can exploit through the expansion of its scale of production. The aim of economies of scale is to lower the average costs of production.

When the car manufacturer diversifies his operation by producing pickup trucks and SUVs, there'll be a reduction in the average unit cost of output. This term refers to Economies of scale.

4 0

2 years ago

Read 2 more answers

The Rubber Division of Morgan Company manufactures rubber moldings and sells them externally for $50. Its variable cost is $20 p

Musya8 [376]

Answer:

b) $20

Explanation:

The minimum acceptable price per unit is $20.

This is because the minimum acceptable price is the break even price for the division. We will not include $7 fixed cost because it is not relevant to this transaction as it has to be paid regardless of this transfer.

The Minimum price thus is the price that cancels out all relevant costs namely the variable costs of $20.

Relevant costs are also known as the incremental costs that are incurred only when a particular activity is undertaken. Fixed costs as such are not incremental. Since there is spare capacity we are not forgoing any profits from external exchanges that needs to be accounted for.

Hope this helps

4 0

2 years ago