Are very large firms economically justifiable? What are the pros and cons of bigness?
Question:
Are very large firms economically justifiable? What are the pros and cons of bigness?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 46% (15 reviews)
Pros Large firms can take advantage of economies of scale thereby reducing costs Sometimes t...View the full answer
Answered By
Hamza Amjad
Currently I am student in master degree program.from last two year I am tutring in Academy and I tought many O/A level student in home tution.
4.80+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
a. Several reasons have been proposed to justify mergers. Among the more prominent are (1) tax considerations, (2) risk reduction, (3) control, (4) purchase of assets at below-replacement cost, (5)...
-
a. Several reasons have been proposed to justify mergers. Among the more prominent are: (1) tax considerations, (2) risk reduction, (3) control, (4) purchase of assets at below replacement cost, (5)...
-
Hager's Home Repair Company, a regional hardware chain that specializes in "do it yourself" materials and equipment rentals, is cash rich because of several consecutive good years. One of the...
-
Ir Snip MB MBA MBB MBC MBD MBE a. A community of five individuals; Ali, Boy, Chia, Doc and Ed is planning to provide street lighting in their neighborhood. The marginal cost of providing the lighting...
-
For a normal population with a mean equal to 80 and a standard deviation equal to 15, determine the probability of observing a sample mean of 85 or less from a sample of size 10.
-
1. Evaluate the concept of administrative liaison officer as a strategy for achieving integration. Is this an example of the mutual adjustment strategy? 2. How will the officers achieve integration...
-
Indicate the form and timing of confirming securities held by outside custodians.
-
The current balance sheet of J. J. Arvesen Company contains the following major sections: A. Current assets B. Long-term investments C. Property, plant, and equipment D. Intangible assets E. Other...
-
How can educational institutions promote diversity and inclusion among students and staff, and what role does curriculum design play in fostering an inclusive academic environment?
-
Suppose that computers use 2 units of capital for each worker, so that KC = 2 ¢ LC, whereas shoes use 0.5 units of capital for each worker, so that KS = 0.5 ¢ LS. There are 100 workers and...
-
Two characteristics of perfect competition are perfect mobility and perfect knowledge. Make up an example of each.
-
A monopolist can control her price or the quantity she sells, but she cant control both. Explain this statement.
-
Paxton Company owns a truck that cost $112,000. Depreciation totaling $76,000 had been taken on the truck up to January 8, 20X1, when it was sold for $34,300. 1. Give the journal entry to record the...
-
1. What is the likely result if the resources you need to do your job are not available when required or are inadequate for the needs of clients? (50-80 words) 2. How can you ensure that an...
-
In the middle of next year, XYZ Ltd will look to invest $10m in the debt market. They will be looking at bills but are worried that the interest rates might change by next year. Explain to XYZ Ltd...
-
Provide a specific emotional reaction of a situation you were in. Then explain the emotional reaction using two different theories of emotions. Finally, provide an argument for which of the two...
-
Reflect on the habits strong presenters have. Which of these habits have you developed or polished during the term? Explain how you have developed these skills and how they have benefitted you with...
-
What does an implied term of a contract mean? What are the conditions for a term to be implied in a contract, as pronounced by the Privy Council in BP Refinery (Westernport) Pty Ltd v President,...
-
Moonbeam Company manufactures toasters. For the first 8 months of 2025, the company reported the following operating results while operating at 75% of plant capacity: Cost of goods sold was 70%...
-
The nitrogen atoms in N2 participate in multiple bonding, whereas those in hydrazine, N2H4, do not. (a) Draw Lewis structures for both molecules. (b) What is the hybridization of the nitrogen atoms...
-
When the supply of money falls, interest rates _________.
-
What happens to interest rates when the demand for money rises? _______.
-
Interest rates are set by _______and _________.
-
What is a plan on how you intend to be successful in future semesters. The plan should be a source of motivation to do well in college, both professionally and personally. Include tips that you can...
-
Question 1. From the research for this terms Crisis Management Team Assignment - Taylor swift and Ticket Master Crisis a. Explaining, with some detail, three (3) specific things that the leader(s) in...
-
If individual values that underline ethics are developed at a young age, what might this suggest about the potential for ethical conflicts to arise within an organization?
Study smarter with the SolutionInn App