B. homogeneous products pass through a series of processes and receive similar doses of materials, labor, and overhead.
C. heterogeneous products pass through a series of processes and receive different doses of materials, labor, and overhead.
D. material cost is accumulated by process and conversion cost is accumula
Answer:
B. homogenous products pass through a series of processes and receive similar amounts of materials, labor, and overhead
Explanation:
Answer:
B
Explanation:
trade-off
scarcity.
none of the above
Low start-up costs make it easy for companies to have a natural monopoly.
Natural monopolies are held by companies that cannot pay for start-up costs.
The government offers companies money for start-up costs to prevent natural monopolies.
The correct answer is A. High start-up costs prevent others from offering the same service in a natural monopoly.
Explanation:
In the economy, natural monopolies occur when only one company or provider offers a service or product due to natural barriers to compete. One of the most important factors that lead to monopolies is high start-up costs, because if companies or individuals are unable to cover costs of infrastructure and technology then they cannot offer certain services.
An example of this is railways because for a company to offer this service it requires a lot of infrastructures, technology, workers, etc. and therefore the start-up costs or initial cost stop many companies from offering this service letting only one company to do this and therefore creating a monopoly. Thus, start-up costs are related to natural monopolies because "High start-up costs prevent others from offering the same service in a natural monopoly".
Answer:
The correct word for the blank space is: geographic; behavioristic.
Explanation:
Alps Ski Co. offers its product in two ways: traditional brick-and-mortar physical stores and in printed catalogs. As the company is looking for new markets, it would be convenient to prioritize the geographic location of the new physical stores to determine where they are more likely to be successful and where the sales could be higher. For the printed catalogs, the geographic location for the distribution is important but it is better to prioritize consumer behavior to find out if in certain areas people prefer to take a look at what the store has available on a catalog rather than going directly to the store to make the purchase.
The financial crisis in Greece is described as depression rather than recession is because the Greece’s economy had taken a severe and sustained economic downturn. Greece’s economy has been marked by a substantial and sustained shortfall of the ability to purchase goods relative to the amount that could be produced. Depression is a more severe form of recession. Recession lasts a few months, while depression lasts longer.