What are economies of scale? Please give an example. What are diseconomies of scale? Please give an

Question:

What are economies of scale? Please give an example. What are diseconomies of scale? Please give an example.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Economics

ISBN: 9780078021800

11th Edition

Authors: Stephen Slavin

See More Books

Question Posted: Nov 26, 2015 01:55 AM

See More Questions

What are economies of scale and diseconomies of scale? How do they arise? What do they imply for the shape of the LRAC curve?
What are economies of scale? Give an example. Is there a limit to them? Explain.
When are economies of scale possible? In what types of businesses would you most likely find economies of scale?
XY is a pharmaceutical company with the head-quarter in the United States. However, its cash flow depends only on sales in Japan. It receives a cash flow of Yen 20 billion with certainty in t=1. The...
Construct an 80% confidence interval to estimate the population mean when x = 125 and = 32 for the following sample sizes: a. n = 30 b. n = 60 c. n = 90
What are the similarities and differences between the cooperative culture and the adaptive culture?
Describe events. Provide an example.
A manufacturer of a consumer electronics product expects 2% of units to fail during the warranty period. A sample of 500 independent units is tracked for warranty performance. (a) What is the...
Porter's Five New Industry Forces Rivalry Among Existing Competitors Threats of New Entrants to the Market Bargaining Power of Suppliers Threat of Substitute Products Medium because operators in the...
There is a lottery with n coupons and n people take part in it. Each person picks exactly one coupon. Coupons are numbered consecutively from 1 to n, n being the maximum ticket number. The winner of...
Practical Application: You have decided to open some movie theaters. Should you open 6 200-seat theaters at 6 different locations, or open the 6 200-seat theaters in one large building? Explain your...
Your rich uncle died and left you $100,000, which you decided to use for your own Internet business. What business will you go into, and what will be your fixed and variable costs? Show how your...
How does information overload impact your communications?
Monica is a 29-year-old high school gym teacher and is the middle of three sisters. Monica grew up in western Pennsylvania, near the farm where her maternal grandmother still lives. She has always...
John would like to buy an RV to fulfill his dream of travelling across the country and camping at every national park a. He knows that the RV will cost him $140,000. How many years will it take him...
XYZ insurance company began an exploratory project to find ways to reduce claim processing costs. A team of employees from the accounting department identified processes that could be automated using...
A mutual fund company offers its customers a variety of funds: a money-market fund, three different bond funds (short, intermediate, and long-term), two stock funds (moderate and high-risk), and a...
ABC company's current stock price is $40. An investor would like to purchase 1000 shares using margin buy. His broker has 50% initial margin requirement and 30% maintenance margin requirement. If the...
Producers will supply x units of a certain commodity to the market when the price is p = S(x) dollars per unit, and consumers will demand (buy) x units when the price is p = D(x) dollars per unit,...
The graph of the sequence whose general term is an = n - 1 is which of the following? [8.1] A. B. TITTT 3-2-1 23.45 2.3.4
At __________, quantity demanded equals quantity supplied.
As price rises, quantity supplied _______.
The reason many homeowners cannot sell their homes when housing prices are falling is because ______. a) there are no buyers in the market b) there are too many houses on the market c) no one can get...
1-2. Draw graphs of the following functions using transformations: 1. y = 2x-1 x-2' 2. y log2x+1|- 3.
Assume a simultaneous open market purchase of 100 million from the Bank of England and a repayment of a discount loan of 5 million from Bank A to the Bank of England. Show the overall change in their...
Let 1 f(z) = (2-1)(x-2) Find the Laurent expansion of f about z = 0 in the region {ze C: 1

What are economies of scale? Please give an example. What are diseconomies of scale? Please give an

Question:

Step by Step Answer:

As output rises a firms ATC declines It is producing more and more units using the same o...View the full answer

Economics

Students also viewed these Economics questions