The united kingdom started regulating the size of grocery stores in the early 1990s, and today, the average size of a typical uk grocery store is roughly half the size of a typical u. s. store andtwo-thirds the size of a typical french store (haskel and sadun, 2011).  

what implications would such a restriction on size have on astore's average costs. discuss in terms of economics of scale and scope.

a. grocery store size does not affect the long-run average cost of production if there are economies of scale.

b. the long-run average cost of production for u. k. grocery stores is lower if there are no economies of scale.

c. the long-run average cost of production for u. k. grocery stores is lower if there are diseconomics of scale.

d. the long-run average cost of production for u. k. grocery stores is higher if there are diseconomics of scale.

On january 1, 2017, fisher corporation purchased 40 percent (90,000 shares) of the common stock of bowden, inc. for $980,000 in cash and began to use the equity method for the investment. the price paid represented a $48,000 payment in excess of the book value of fisher's share of bowden's underlying net assets. fisher was willing to make this extra payment because of a recently developed patent held by bowden with a 15-year remaining life. all other assets were considered appropriately valued on bowden's books. bowden declares and pays a $90,000 cash dividend to its stockholders each year on september 15. bowden reported net income of $400,000 in 2017 and $348,000 in 2018. each income figure was earned evenly throughout its respective year. on july 1, 2018, fisher sold 10 percent (22,500 shares) of bowden's outstanding shares for $338,000 in cash. although it sold this interest, fisher maintained the ability to significantly influence bowden's decision-making process. prepare the journal entries for fisher for the years of 2017 and 2018. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations. round your final answers to the nearest whole dollar.)

Which of the following statements are false regarding activity-based costing? non-manufacturing costs are important to include when calculating the cost of each product. costs are allocated based on a pre-determined overhead rate. transitioning from traditional costing methods to activity-based costing can be complicated and costly. activity-based costing follows the same basic calculation methods as traditional costing approaches. none of the above

What term is used to describe the outsourcing of logistics? a. shipper managed inventoryb. hollow logistics(smi)c. sub-logisticsd. e-logisticse. third-party logistics (3pl)