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Q: Does mass production increase or decrease the cost of goods?
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What is the factor that supply curve to shift right?

A increase in supply will be because of an: Increase in technology, change in production climates (positive change), cost of production decrease or increase in number of producers,changes in the prices of other goods and services, subsides.


What is maginal cost?

Marginal cost is the increase or decrease in the total cost of a production run for making one additional unit of an item.


When the price of a capital good increase what happens to the prices of related consumer goods and services?

Prices increase due to the increase in production cost.


Why is Mass Production important?

The technique of mass production makes it possible to produce goods at lower cost, which means that more people can afford to buy those goods, and the standard of living of the population will increase.


What is Graph the relationship between cost and number?

They are inverly related ,number increase cost decrease as wellas cost increase may qulity & number decrease


To adjust a companys LIFO cost of goods sold to FIFO cost of goods sold?

a decrease in the LIFO reserve is subtracted from LIFO cost of goods sold.


A large extraordinary loss has what effect on cost of goods sold?

A large loss will cause the cost of goods to increase. The cost of goods will increase because the organization will attempt to recoup the money.


You move along a given demand curve?

Which is the following example of factor that would move a demand curve? A) increase gst b)decrease in cost of raw material c)decrease in subsidy d)decrease in price of complemantery goods


What are the different economic and non economic costs of unemployment?

Economic costs is the decrease in goods and services that occurs as result of unemployment but non-economic cost is the increase in goods and services that occur as result of unemployment.


What is the general decrease in cost of goods and services called?

Deflation


What are some factors that cause a decrease in the cost of production?

cfdsgre


How would a reduction in production cost look like on a supply-demand diagram?

Additional details to the question: What would be the result? increase in supply? decrease in demand? etc...