10. Use the concepts of economies and diseconomies of scale to explain the shape of a firms...
Question:
10. Use the concepts of economies and diseconomies of scale to explain the shape of a firm’s long-run ATC curve. What is the concept of minimum efficient scale? What bearing can the shape of the long-run ATC curve have on the structure of an industry? LO4
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
Gauri Hendre
I worked as EI educator for Eduphy India YT channel. I gave online tutorials to the students who were living in the villages and wanted to study much more and were preparing for NEET, TET. I gave tutions for topics in Biotechnology. I am currently working as a tutor on course hero for the biochemistry, microbiology, biology, cell biology, genetics subjects. I worked as a project intern in BAIF where did analysis on diseases mainly genetic disorders in the bovine. I worked as a trainee in serum institute of India and Vasantdada sugar institute. I am working as a writer on Quora partner program from 2019. I writing on the topics on social health issues including current COVID-19 pandemic, different concepts in science discipline. I learned foreign languages such as german and french upto A1 level. I attended different conferences in the science discipline and did trainings in cognitive skills and personality development skills from Lila Poonawalla foundation. I have been the member of Lila poonawalla foundation since 2017. Even I acquired the skills like Excel spreadsheet, MS Office, MS Powerpoint and Data entry.
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Economics Principles Problems And Policies
ISBN: 9780073511443
19th Edition
Authors: Campbell Mcconnell ,Stanley Brue ,Sean Flynn
Question Posted:
Students also viewed these Business questions
-
Go to www.nucor.com. At the top of the frame you will see the heading Our Story. Then click on Chapter 1 Corporate Overview and read the information under this tab and then click on Chapter 2 History...
-
1. Why can the distinction between fixed costs and variable costs be made in the short run? "There are no fixed costs in the long run; all costs are variable." Explain? Ans: _____________________...
-
Given the following data about XYZ Mutual Fund on Oct. 1: Assets: Liabilities: Cash = $40,000 Accrued fees and expenses = $5,000 1,000 Shares of Stock A: Closing Price $30 2,000 Shares of Stock B:...
-
Read the case study "Guideline Sentencing to Determine Sentencing" and give at least 2 responses
-
A centrifugal pump is driven by a 50-hp synchronous motor at a speed of 1800 rev/min. The pump is to operate at 900 rev/min. Despite the speed, the load is smooth (Ks = 1.2). For a design factor of...
-
10. Use the concepts of economies and diseconomies of scale to explain the shape of a firms long-run ATC curve. What is the concept of minimum efficient scale? What bearing can the shape of the...
-
The following is an alphabetical listing of the balance sheet accounts and account balances of the Blazer Company on December 31, 2007: Additional information: 1. The company uses a control account...
-
Required information Problem 6 - 1 0 ( Algo ) Long - term contract; revenue recognition over time [ LO 6 - 8 , 6 - 9 ] Problem 6 - 1 0 ( Algo ) Part 1 , Problem 6 - 1 0 ( Algo ) Part 2 2 - a . In the...
-
9. Suppose a firm has only three possible plant-size options, represented by the ATC curves shown in the accompanying figure. What plant size will the firm choose in producing ( a ) 50, ( b ) 130, (...
-
11. LAST WORD What is a sunk cost? Provide an example of a sunk cost other than one from this book. Why are such costs irrelevant in making decisions about future actions?
-
Understand the DuPont method of profitability analysis?
-
Perform a Porter's 5 forces analysis of the following industry. Provide detailed answer. (25 marks) The Textile Industry The textile industry consists of firms that manufacture and distribute fabrics...
-
1. If you are Maria's counselor and you practice feminist therapy, what are the techniques would you follow to facilitate her growth? 2. Maria considers how the messages she received about what men...
-
While Walter says that he cares about his employees, he interrupts them every time they need to talk to him about something and brings the conversation around to his own contributions. This is an...
-
A potential client has seen a demo of watsonx.governance and is looking for something a bit more in-depth, lasting about four hours, and delivered onsite. What would you recommend for them? An Expert...
-
Astro Corporation was started with the issue of 2,000 shares of $5 par stock for cash on January 1, Year 1. The stock was issued at a market price of $12 per share. During Year 1, the company earned...
-
Repeat Prob. 14102 for a total mixing-chamber pressure of 90 kPa.
-
The water in tank A is at 270 F with quality of 10% and mass 1 lbm. It is connected to a piston/cylinder holding constant pressure of 40 psia initially with 1 lbm water at 700 F. The valve is opened,...
-
Explain why P&G and other consumer packaged goods firms are trying to cut back on some types of sales promotion like coupons for consumers and short-term trade promotions such as buy a case and get a...
-
Discuss some ways that a firm can link its sales promotion activities to its advertising and personal selling effortsso that all of its promotion efforts result in an integrated effort.
-
Indicate the type of sales promotion that a producer might use in each of the following situations and briefly explain your reasons: a. A firm has developed an improved razor blade and obtained...
-
Code for the getStartDay(): /**** The method getStartDay() implements Zeller's Algorithm for determining the day of the week the first day of a month is. The method adjusts Zeller's numbering scheme...
-
Question 4 (3 points) A firm has net income of $480,000, cost of goods sold of $7 million and sales of $10 millio Its interest expense is $100,000 and it's tax rate is 40%. This means that gross...
-
On June 19, 2023, BBB Company (a U.S.-based company), exported products to a company in France for 850,000 Euro. Payment is to be received on July 19, 2023. Currency exchange rates are as follows:...
Study smarter with the SolutionInn App