Which of the following firms produce at the minimum efficient scale? OA. Toyota produces 20 cars...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Which of the following firms produce at the minimum efficient scale? OA. Toyota produces 20 cars a day at its Texas plant at which its profit is maximized. B. Starbucks' makes 1000 chai lattes each day at which is total revenue is maximized. OC. A Gap outlet in Chicago sells 500 jackets a day and lowers its average variable cost. OD. Dell produces 100 computers a week at which its long run average total cost is minimized. Which of the following firms produce at the minimum efficient scale? OA. Toyota produces 20 cars a day at its Texas plant at which its profit is maximized. B. Starbucks' makes 1000 chai lattes each day at which is total revenue is maximized. OC. A Gap outlet in Chicago sells 500 jackets a day and lowers its average variable cost. OD. Dell produces 100 computers a week at which its long run average total cost is minimized.
Expert Answer:
Answer rating: 100% (QA)
question which of the following firms produce at the minimum efficient scale ... View the full answer
Related Book For
Posted Date:
Students also viewed these economics questions
-
Which of the following constraints are not linear or cannot be included as a constraint in a linear programmingproblem? a. 2X1 + X2 3X3 50 b. 2x V60 c. 4x1-x2 = 75 d. 3x1 + 2x2-3x30.9 3x7+7x2 < 45 e.
-
Which of the following signals to firm owners that scarce resources might be better allocated to a different industry? Fewer government regulations in that other industry Profits in that other...
-
Which of the following long - term FCFE growth rates is most consistent with the facts and stated policies of Emerald? A. 5 percent or lower. B. 2 percent or higher. C. 8 percent or higher. Ryan...
-
= Adobe Reader Touch Type here to search Active Research: Toyota's Hybrid Offer One of the most successful hybrid cars (cars that run on both battery and gasoline) is the Prius by Toyota. Visit...
-
On April 1, 2015, Shoemaker Corporation realizes that one of its main suppliers is having difficulty meeting delivery schedules, which is hurting Shoemakers business. The supplier explains that it...
-
The Supplies account began the year with a balance of $380. During the year, supplies in the amount of $980 were purchased. At the end of the year (December 31), the inventory of supplies on hand was...
-
In 2014, Air Asia Flight No. 8501 crashed in the Java Sea while flying from Indonesia to Singapore. The crash resulted in the deaths of all passengers and crew on board. The plane involved in the...
-
Activity-based costing The job costing system at Smith's Custom Framing has five indirect cost pools (purchasing, material handling, machine maintenance, product inspection, and packaging). The...
-
The graph below shows the number of people who consume different numbers of lollipops per year. What is the median number of lollipops consumed? Number of People 3 27 24 21 18 15 12 96 Number of...
-
What is the relationship between a table of Movies and a table of ActorsActresses and how might it be implemented in a relational database?
-
Rank the following three types of funds from lowest to highest levels of risk and return. Use a 1 to denote the lowest level of risk/return and 3 to indicate the highest levels. Type of mutual fund...
-
How many substrings aab are in www, where w = aabbab?
-
school store sells pens for $0.35 each d pencils for $0.15 each. Anthony spent 2.80 to buy a total of 12 pens and pencils. How many pens did Anthony buy?
-
You write pseudocode for modules as you would for other programs. Question 2 2 options: True False
-
A corporate bond pays 8% annual coupon rate and has $1,000 par value. It will mature in 5 years and its yield to maturity is 9%. Calculate: (1) the bond's price. (2) its Macaulay duration.
-
EE101 Task. 1. Implement a C++ class named Pendulum to represent a simple pendulum. 2. The class should have private member variables for the length of the pendulum (length) and the acceleration due...
-
Q5: Fill out the chart below (i.e., indicate ATM, ITM or OTM): Strike price ($) Stock price ($) 57 52 87 65 42 55 74 Option types Call Put Call Put Call Put 72 65 42 43 81 ATM, ITM or OTM
-
What mass of H2 will be produced when 122 g of Zn are reacted? Zn(s) + 2HCl(aq) ( ZnCl2(aq) + H2(g)
-
True or False: 1. On the flatter part of a short-run aggregate supply curve, a decrease in aggregate demand will decrease real output and not change the price level very much. 2. In the simple...
-
Would you be in favor of freer trade or against it in the following circumstances? a. The move to freer trade is in another country and you are an exporter to that country. b. The move to freer trade...
-
In A Bend in the River, Nobel Prize winner V. S. Naipaul describes an underdeveloped country in which the government's constantly changing tax policies and vague laws regarding ownership of property...
-
In Problem 102, using an interest rate of 10 percent, what uniform series over the closed interval [1,8] is equivalent to the cash flow profile shown? Data from problem 102 Consider the following...
-
In Problem 102, using an interest rate of 8 percent, what single sum of money occurring at the end of year 8 is equivalent to the cash flow profile shown? Data from problem 102 Consider the following...
-
Consider the following cash flow profile: With a compounded annual interest rate of 6 percent, what single sum of money at the end of the sixth year will be equivalent to the cash flow series? EOY...
Study smarter with the SolutionInn App