In the long run, when marginal cost is above average total cost, the average total cost curve exhibits

a. constant returns to scale.

b. diseconomies of scale.

c. efficient scale.

d. economies of scale.

The ABC Company is planning a new product line and a new plant to produce the parts for the line. The product line will include 8 different models. Annual production of each model is expected to be 900 units.

On July 1, Alaskan Adventures issues a $120,000, eight-month, 6.5% note. Interest is payable at maturity. What is the amount of interest expense that the company would record in a year-end adjustment on December 31

Based on the speech, how do you think farmers and workers were feeling about business and industry? find a quote to support your answer

Explain three things you will not do when driving.

Packer Co.'s year 5 income statement reported $130,000 in income before provisions for income taxes. To compute the provision for federal income taxes, the following year 5 data are provided: Rent received in advance $22,000 Income from exempt

You are thinking of building a new machine that will save you $ 1 comma 000 in the first year. The machine will then begin to wear out so that the savings decline at a rate of 2 % per year forever.

Warner Company's year-end unadjusted trial balance shows accounts receivable of $118,000, allowance for doubtful accounts of $790 (credit), and sales of $470,000. Uncollectibles are estimated to be 1.50% of accounts receivable. 1.

Anita is employed as plant manager for Mojo Industries, Incorporated. Though she spends some time performing all management functions, she is particularly concerned with tactical planning and controlling.

In the long run, when marginal cost is above average total cost, the average total cost curve exhibits a. constant returns to scale. b. diseconomies of scale. c. efficient scale. d. economies of scale.

What kind of graph is characterized by presenting data values as portions of a circle?