Question: Question 1. Explain one likely consequence for a car manufacturing company of using division of labour. Question 2. Identify a type of internal economy of

Question 1.

Explain one likely consequence for a car manufacturing company of using division of labour.

Question 2.

Identify a type of internal economy of scale, and explain why this car manufacturing company might benefit from internal economies of scale.

Question 3.

Explain what is likely to happen to the car manufacturing firm if it is neither productively efficient nor allocatively efficient.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Q:

Here I have asked a question and I wanted some answers to put on my slides. I wanted you to give me all of these things like network diagram, EOQ, Probability of completion, ABC analysis. But you...

Q:

Question 1 a) Apricot is an information technology (IT) manufacturing company which has been dealing in various IT equipment over 70 years. It operates from one central site which includes the...

Q:

It's a case study of GM ( read corp 2.docx). Want to know the answer of Q1, Q2, Q3, Q4 ( from corp.docx) General Motors Stephane Bello, an analyst in the Capital Markets group at General Motors (GM),...

Q:

Stand Alone Project all the information is attached in word format. Stand-Alone Project: Case Study in Managerial Accounting You should begin working on the Stand-Alone Project early in the course....

Q:

Stand Alone Project all the information is attached in word format. Stand-Alone Project: Case Study in Managerial Accounting You should begin working on the Stand-Alone Project early in the course....

Q:

Stand Alone Project all the information is attached in word format. Stand-Alone Project: Case Study in Managerial Accounting You should begin working on the Stand-Alone Project early in the course....

Q:

Rev.Confirming Pages C H A P T E R 7 Planning, Composing, and Revising Chapter Outline The Ways Good Writers Write Activities in the Composing Process Using Your Time Effectively Brainstorming,...

Q:

1.0 INTRODUCTION In an increasingly service-oriertated world of work, it is easy to miss the vital role engineers play in transforming our lives. Engineering is the crucible in which scientific,...

Q:

Question 1Mary has decided to restate Cecil?s original profit statement by using the additional informationshe has collected and by employing a marginal costing approach.Required:(a) Prepare a new...

Q:

Based on the Farm Divisions 2021 financial year budgeted information: Assume that the Mageu Division require 12 000 kg of wheat powder during the 2021 financial year. Advise the Farm Divisions...

Q:

Assume that your firm has a positive cash balance and that the cash balance is increasing each year Why then is it important to analyze a statement of cash flows

Q:

If the adjusting journal entries prepared in BE 25 were not made, would net income be higher or lower and by how much?

Q:

Predicting text pages. The editor of a statistics text would like to plan for the next edition. A key variable is the number of pages that will be in the final version. Text files are prepared by the...

Q:

Customers arrive at a movie theater at the advertised movie time only to find that they have to sit through several previews and prepreview ads before the movie starts. Many complain that the time...

Q:

9. Discuss the statement: If the actors mainly act on the basis of a view of human-ity as driven by self-interest, and incorporate this idea into their models, they may end up with their premises...

Q:

5. What does it mean when we say the evaluation comes before the presenta-tion?.

Q:

1. Discuss the following statements: a) Predetermined is not the same thing as predictable. b) When we are aware of the consequences of our behaviour, we can change our behaviour. c) What we know is...