In each of the following cases, explain what kind of scale effects you think the firm will
Question:
In each of the following cases, explain what kind of scale effects you think the firm will experience and why.
a. A telemarketing firm in which employees make sales calls using computers and telephones
b. An interior design firm in which design projects are based on the expertise of the firm’s owner
c. A diamond-mining company
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 0% (1 review)
a This firm is likely to experience constant returns to scale To increase outpu...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
In each of the following cases, explain what kind of scale effects you think the firm will experience and why. a. A telemarketing firm in which employees make sales calls using computers and...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
"internet radios" for streaming audio, and personal video recorders and players. Describe design and evaluation processes that could be used by a start-up company to improve the usability of such...
-
Develop, debug, and document a program to determine the roots of a quadratic equation, ax2 + bx + c, in either a high-level language or a macro language of your choice. Use a subroutine procedure to...
-
"On what basis shall we allocate resources to program A instead of program B," is the perennial statement in public sector budgeting. Identify and discuss at least five methodologies developed in the...
-
Which would have more output: the two-digit industry 21 or the four-digit industry 2111? Explain your reasoning.
-
Do analytical efforts, big data examinations, and textual analyses impact compliance and fraud deterrence? Provide an explanation for your opinion.
-
Rodriquez Corporations comparative balance sheets are presented below. Additional information: 1. Net income was $18,300. Dividends declared and paid were $16,400. 2. Equipment which cost $10,000 and...
-
Given that R is the relation defined on TL as follows: "For every m, n = Z, m R n 3|(m-n). (a) Prove that the relation is an equivalence relation. (b) Identify the distinct equivalence classes of...
-
Draw a graph like Figure 11-12 and insert a short-run average total cost curve corresponding to a long-run output choice of 5 cases of salsa per day. Use the graph to show why Selenas Gourmet Salsas...
-
The accompanying table shows three possible combinations of fixed cost and average variable cost for a single firm. Average variable cost is constant in this example (it does not vary with the...
-
In the reaction H 2 O 2 (g) H 2 O 2 (aq), K = 1.0 x 10 5 at 25 C. Would you expect a greater amount of product or reactant?
-
A large annuity company holds many industry group stocks. Among the industries are banks, business services and construction. Seven companies from each industry group are randomly sampled to test the...
-
When the Green Party of Alberta decides that it will allocate money in their next budget to infrastructure, this means that those resources are no longer available for spending on education or...
-
1. CONSIDER NARRATION: How would the story change if Faulkner told the story himself, in his own voice, rather than through a narrator who is one of the townspeople? 2. CONSIDER SYMBOLISM: How is...
-
Is there an argument in BMI(1979 link: https://supreme.justia.com/cases/federal/us/441/1/) that the blanket license raises output and that price-fixing is required for blanket license? Output of what...
-
The Top 5 Most Attractive Employers in Canada The list of finalists for the Randstad Award given to Canada's most attractive employer has just been revealed. Here are the top five winners, knowing...
-
Solve Problem 8.109 assuming that the belt is looped around the pulleys in a figure eight. - 12 in.-
-
(a) Bright Sdn Bhd (BSB) is a tax resident manufacturing company in Johor, which involves in ceramic tiles. Currently, BSBs annual sales turnover has been forecasted to be around RM 300,000 for the...
-
Consider two ways to protect your car from theft. The Club (a steering wheel lock) makes it difficult for a car thief to take your car. Lojack (a tracking system) makes it easier for the police to...
-
Greater consumption of alcohol leads to more motor vehicle accidents and, thus, imposes costs on people who do not drink and drive. a. Illustrate the market for alcohol, labeling the demand curve,...
-
Many observers believe that the levels of pollution in our society are too high. a. If society wishes to reduce overall pollution by a certain amount, why is it efficient to have different amounts of...
-
Explain what Coates means when he writes about learning to live within your own body.? Explain this in your own words.
-
Alice, Barney and Cathy want to establish and operate an ice cream shop. Alice and Barney will be actively involved in the management of the business, but Cathy is investing most of the money. The...
-
In North American Oil, the proper year for reporting the income was determined to be: Group of answer choices The year the income was earned The year the district court ruled in favor of the taxpayer...
Study smarter with the SolutionInn App