BUSINESS HIGH SCHOOL

The cost advantages that manufacturers get from high-volume production are known as _________.A) economies of scale
B) physical goods
C) sustainable development
D) infrastructure
E) None of the above

Answers

Answer 1
Answer:

Answer: Economies of scale.

Explanation:

The economies of scale is the cost advantage a production company stands to gain by producing more units of a product.

The major advantage in economies of scale is the fact that as more units of a product is made, the cost of production is added to a larger number of products.

Related Questions

Premier Co. produces park equipment and is currently producing 10,000 park benches annually. A supplier has offered to produce the bench for Premier Co. for $500 per bench. Premier Co. incurs unit-level costs of $490 per unit. Premier also spends $50,000 on product design each year and incurs $100,000 of facility-level costs. Calculate the avoidable production cost for Premier Co. to produce 1 bench.
Adding expectancy theory to the model of motivation and performance illustrates how the interaction of valence, expectancy, and instrumentality contribute to motivation. ____________ highlights how intended effort can turn into actual effort if employee believe their hard work will ___________.
Sacrificing your own self interests for the good of the overall goal is ______.a.loyaltyb.malleabilityc.self-managementd.initiative
What does the state of a nation’s infrastructure say about the country’s level of economic development?
Although _____ programs are recommended for all general industry businesses, they are completely voluntary and not required

In 2009, the imaginary nation of Viloxia had a population of 5,000 and real GDP of 500,000. In 2010 it had a population of 5,100 and real GDP of 520,200. During 2009 real GDP in Viloxia grew by Select one: a. 2 percent, which is about the same as average U.S. growth over the last one-hundred years. b. 4 percent, which is about the same as average U.S. growth over the last one-hundred years. c. 4 percent, which is high compared to average U.S. growth over the last one-hundred years. d. 2 percent, which is high compared to average U.S. growth over the last one-hundred years.

Answers

The correct answer is A. During 2009 real GDP in Viloxia grew by 2 percent, which is about the same as average U.S. growth over the last one-hundred years.

Given that in 2009, the imaginary nation of Viloxia had a population of 5,000 and real GDP of 500,000, and in 2010 it had a population of 5,100 and real GDP of 520,200, to determine the growth of real GDP in Viloxia during 2009, the the following calculations must be made:

  • Total GDP / population = real GDP
  • 500,000 / 5000 = X
  • 100 = X
  • 520,200 / 5100 = X
  • 102 = X
  • 102 - 100 = 2

Therefore, during 2009 Viloxia's GDP grew by 2 percent, which is about the same as average U.S. growth over the last one-hundred years.

Learn more in brainly.com/question/4131508

When a leader organizes work, defines roles and responsibilities, and schedules work activities, they are ______. Group of answer choices initiating structure orienting workers to production means showing concern for production teambuilding

Answers

Answer:

The correct option is A. When a leader organizes work, defines roles and responsibilities, and schedules work activities, they are initiating structure.

Explanation:

In the business world, initiating structure can be described as the roles that a leader may define to complete a task.

The leaders might define some new set of actions, new goals, different roles and tasks to the workers. The leader makes it clear to the workers what he expects from then and also guides them with the standard procedures to complete the task. A new set of rules and regulations might also be made by the leader.

One of the keys to gaining self-esteem is to a. Hold yourself to impossible standards b. Focus on the mistakes you make C. Enjoy the small success you achieve d. Worry about failing and looking foolish​

Answers

Answer:

C. Enjoy the small success you achieve

Explanation:

A sure way of boosting self-esteem is to be nice to once self. One should focus on their positive side by appreciating who they are and their success so far. Comparing oneself with others may not achieve the desired results.

Success brings satisfaction and joy to all of us. Focusing on the little success that one has will uplift their spirits and boost self-esteem.

Answer:

c

Explanation:

taking the test rn

At Celgene, the environment is _________ because of the __________ and because of the ___________. Resources are __________.The managers at Celgene are facing conditions of __________ uncertainty. This means that it will be _________ for them to make strategic decisions about the types of products the company will offer in the future.

Answers

Answer: The answers are "dynamic", "pace of change and complex",  "number of factors that are changing", "scarce", "high" and "difficult".

Explanation: At Celgene, the environment is dynamic because of the pace of change and complex and because of the number of factors that are changing. Resources are scarce. The managers at Celgene are facing conditions of high uncertainty. This means that it will be difficult for them to make strategic decisions about the types of products the company will offer in the future.

Which of the following steps of the strategy development process for exports involves performing market research and interpreting results obtained from the research?a. identification of a potential market
b. match the needs of the market to the company's abilities
c. initiation of meetings
d. commitment of resources

Answers

Answer:

the correct answer is

a. identification of a potential market

How did the great society lead to greater protection for consumers

Answers

The Great society lead to greater protection for consumers through the passage of national traffic and motor vehicle safety act
Both of those things increased customer's protection regarding automobiles product, and creating a higher quality of products by the manufacturers at the same time

Through the laws of national traffic
Other Questions
In Fiedler's contingency theory, the term ____ refers to the degree to which leaders are able to hire, fire, reward, and punish workers.a. task structure b. leader-member relations c. situational favorableness d. position power E. situational unfavorableness
PLEASE HURRY In the space provided below, please respond to the following: Create a list of business risks and ways to deal with them. This project will focus on writing about a current event in business risks. The task is to first find an article that deals with business risks and write a summary of the article. In your summary, you should discuss what the risk is and what steps the business is taking to deal with it. Current Event Use the Internet to find an article that deals with business risks. Once you have found and read your article, record your summary and upload it. Use the following format. Paragraph #1 - Summary of article including the link Paragraph #2 - How it relates to entrepreneurship Paragraph #3 - Your opinion of whether or not you think the appropriate steps are being taken to deal with the risk
When banks make loans, the money supply increasesdecreases .?
For a perfectly competitive market to function properly, which of the following must buyers and sellers have access to? adequate information economies of scale uncompetitive products sufficient technology 4. which of these industries has not been considered a natural monopoly in the past 30 years? diamonds water phone service electricity 5. what is an oligopoly? a market that has a few firms dominating the market a market that has many firms selling slightly different products a market that has one seller and many buyers a market that has many buyers and sellers 6. for the average total cost curve of a firm without economies of scale, what happens to costs as output increases? costs initially go up and then go down. costs initially go down and then go up. costs go down. costs go up. 7. what is the combination of two or more companies into a single firm called? a trust a merger predatory pricing deregulation 8. offering products of different tastes and shapes is an example of which of the following? nonprice competition perfect competition oligopolistic competition the law of demand 9. the controller of a monopoly sets the price of goods by charging _____. the price at which the profit is maximized only a small amount over cost less than the company would charge if it did not have a monopoly as much as possible, regardless of the amount sold 10. many critics argue that government efforts to regulate industries have caused which of the following? predatory pricing inefficiencies insufficient supply collusion 11. what is an agreement among firms to charge one price for the same good called? nonprice competition price fixing a price war monopolistic competition 12. which of the following is not a method that the government uses to intervene and prevent firms from controlling the price and supply of important goods? breaking up monopolies deregulating industries regulating business practices blocking mergers 13. what are the three practices of oligopolies that concern the government the most? price fixing, collusion, and cartels price leadership, collusion, and cartels differentiation, price leadership, and price fixing collusion, price leadership, and price fixing 14. what are the expenses a firm must pay before it can begin to produce and sell goods called? start-up costs perfect competition commodities imperfect competition 15. compared to a market with perfect competition, a monopoly often has _____. higher prices and more goods lower prices and more goods lower prices and fewer goods higher prices and fewer goods 16. which of the following could not prevent a market from becoming perfectly competitive? high start-up costs excessive information problems accessing necessary technology lack of technological know-how 17. which of the following is characteristic of a competitive market? low output high costs inexhaustible supply efficiency 18. economists usually call an industry an oligopoly if _____. only one product is available on the market the four largest firms produce at least 70–80 percent of the output there is one firm that produces 100 percent of the output the ten largest firms produce less than 50 percent of the output 19. for the average total cost curve of a firm with economies of scale, what happens to costs as output increases? costs initially go down and then go up. costs go up. costs go down. costs initially go up and then go down. 20. what is one of the effects that the internet has had on business? it has decreased the kinds of goods that are available to individual buyers. it has reduced start-up costs for many businesses. it has led to new monopolies in many industries. it has increased the prices of goods that are not bought on the internet.