External economies of scale exist when an industry's outputs increase and

a. a firm's long run average cost curve shifts downward.
b. a firm's long run average cost curve shifts upward.
c. a firm's long run average cost curve stays the same.
d. a firm's long run average cost curve hits zero.


a. a firm's long run average cost curve shifts downward.

Business

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Describe the three main aspects of team effectiveness.

What will be an ideal response?

Business

Alexander did not make many sales this quarter. He considered adding a few fake entries to his quarterly report. However, he decided not to do so when the boss mentioned that the new computer software is designed to catch any inconsistencies. It appears Alexander is at the ______ of moral development.

A. preconventional level B. conventional level C. postconventional level D. neoconventional level

Business

Your _______ captures who you are, the values you live by, and the expectations you have of yourself and others.

a. leadership resume b. leadership philosophy c. leadership bylaws d. transformational theory

Business

Bartosiewicz Clinic uses client-visits as its measure of activity. During January, the clinic budgeted for 3,500 client-visits, but its actual level of activity was 3,490 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for January:Data used in budgeting: Fixed element per monthVariable element per client-visitRevenue - $38.20      Personnel expenses$33,600 $11.00Medical supplies 1,900  6.20Occupancy expenses 10,200  1.90Administrative expenses 6,600  0.30Total expenses$52,300 $19.40?Actual results for January:  ?Revenue$127,218 Personnel expenses$71,860?Medical supplies$24,058?Occupancy expenses$17,371?Administrative expenses$7,547???The activity variance for net operating

income in January would be closest to:  A. $188 U B. $7,118 U C. $7,118 F D. $188 F

Business