9. Which of the following goods or services would be most likely to be subject to (1)

Question:

9. Which of the following goods or services would be most likely to be subject to

(1) external economies of scale and (2) dynamic increasing returns? Explain your answers.

a. Software tech-support services

b. Production of asphalt or concrete

c. Motion pictures

d. Cancer research

e. Timber harvesting

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

Step by Step Answer:

Related Book For book-img-for-question

International Finance Theory And Policy

ISBN: 9781292019550

10th Edition

Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz

See More Books

Question Posted: Oct 02, 2024 07:03 AM

See More Questions

an unadjusted trial balance as of December 31, 2020. (6points)Account TitleBalanceDebitCreditCash36,910Accounts Receivable5,750Office Supplies1,400 PART1: The following transactions occurred for...
Other things being equal, most managers would prefer to report liabilities as noncurrent rather than current. The logic behind this preference is that the long-term classification permits the company...
Single fuel cells such as the one of Example 1.4 can be scaled up by arranging them into a fuel cell stack. A stack consists of multiple electrolytic membranes that are sandwiched between...
9. Which of the following goods or services would be most likely to be subject to (1) external economies of scale and (2) dynamic increasing returns? Explain your answers. a. Software tech-support...
Sunny Systems manufactures solar panels. The company has a theoretical capacity of 50,000 units annually. Practical capacity is 80 percent of theoretical capacity, and normal capacity is 80 percent...
A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government and corporate bond fund, and the third is a T-bill money market fund that...
8. In our discussion of labor market pooling, we stressed the advantages of having two firms in the same location: If one firm is expanding while the other is contracting, its to the advantage of...
Explain why firms that engage in the global economy (exporters, outsourcers, multinationals) are substantially larger and perform better than firms that do not interact with foreign markets.
Manage the people side of teams.
A client comes into a bank and requests to make a bank deposit of $9000. Under the Proceeds of Crime and Terrorist Financing Act of 2000 what must the bank do to be compliant with legislation? Select...
In the country Gamma it takes 6 hours to produce one automobile and 1 hour to produce a bale of cotton. In the country Delta it takes 10 hours to produce one automobile and 2.5 hours to produce a...
I. Suppose that there are only 10 individuals in the economy each with the following utility function over present and future consumption : U (c1, c2) = c1 + 2 / 3 c2, where c1 is consumption today,...
QUESTION 10/12 Company A's total royalty expenses for a specific product vary based on the total revenue (dollars in thousand), shown as below: Which of the following statements is correct? 1 point...
The relativistic Doppler shift causes the light from a distant galaxy to be blue shifted by 5%. What is the speed of the galaxy relative to the earth?
A current-carrying gold wire has diameter 0.84 mm. The electric field in the wire is 0.49 V/m. What are? (a) The current carried by the wire; (b) The potential difference between two points in the...
A circular concrete shaft liner with Youngs modulus of 3.4 million psi, Poissons ratio of 0.25, unconfined compressive strength 3,500 psi and tensile strength 350 psi is loaded to the verge of...

9. Which of the following goods or services would be most likely to be subject to (1)

Question:

Step by Step Answer:

International Finance Theory And Policy

Students also viewed these Business questions