Suppose a Shipping Company Employs 2000 Workers,operates 400 Delivery Trucks

question 23

Multiple Choice

Suppose a shipping company employs 2000 workers,operates 400 delivery trucks and makes 1.5 million domestic shipments in one year.The next year they increase their workforce to 3000 workers,operate 600 trucks and make 2.8 million domestic shipments in one year.This firm is exhibiting ________ returns to scale.

• A)decreasing
• B)increasing
• C)constant
• D)marginal
• E)variable

Comprehend the concept of purchasing power and how it varies across different income and education levels.

Recognize the importance of privacy concerns in the digital age.

Identify key factors that facilitate the identification of marketing opportunities.

Understand the impact of the political/legal environment on business practices and consumer protection.

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Definitions:

Net Asset Value

The value per share of a mutual fund or ETF, calculated by dividing the total value of all the securities in the portfolio, minus liabilities, by the number of outstanding shares.

Year-End Assets

The total value of all assets held by an individual or corporation calculated at the end of the fiscal year.

Liabilities

Financial obligations or debts owed by a company or an individual to creditors, typically classified as current (short-term) or long-term.

Net Asset Value

The total value of a fund's assets minus its liabilities, often used in the context of mutual funds to determine the per share market value.