Define economies of scale and explain why they might arise. Define diseconomies of scale and explain why

Question:

Define economies of scale and explain why they might arise. Define diseconomies of scale and explain why they might arise.

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

Step by Step Answer:

Related Book For book-img-for-question

Principles Of Microeconomics

ISBN: 9781305081673

7th Edition

Authors: N Gregory Mankiw

See More Books

Question Posted: Nov 02, 2024 05:01 AM

See More Questions

Q.No.1: Summarize the ten principles of economics explained by author Gregory mankiw. Give examples of each in Pakistan context. Q.No.2: Make up an example of a monthly demand schedule for pizza, and...
Define economies of scale and explain why they might arise. Define diseconomies of scale and explain why they might arise.
Define economies of scale and explain why they might arise. Define diseconomies of scale and explain why they might arise. Your answer should be a brief paragraph. One to two sentences to answer the...
Viola, Iona and Paula form a joint for the sale of merchandise. Iona and Paula are to contribute the merchandise, Viola is to act as the manager and is to be allowed a bonus of 25% of the profit...
Identify the theoretically correct test statistic to use for a hypothesis test concerning the mean of a single population under the following conditions: A. The sample comes from a normally...
On January 1, Paisley, Inc., paid $560,000 for all of Skyler Corporation's outstanding stock. This cash payment was based on a price of $180 per share for Skyler's $100 par value preferred stock and...
Define economies of scale and explain why they might arise. Define diseconomies of scale and explain why they might arise.
1. What type of franchise was Del Reys La Grande Enchilada restaurant? 2. If Del Rey operates the restaurant as a sole proprietorship, then who bears the loss for the damaged kitchen? Explain. 3....
The marketing department wants the initial two - day training to be engaging, interactive, and impactful. In designing the program, the training team identified four activities for the training...
How and why does a firms average-total-cost curve differ in the short run and in the long run?
Raj opens up a lemonade stand for two hours. He spends $10 for ingredients and sells $60 worth of lemonade. In the same two hours, he could have mowed his neighbors lawn for $40. Raj has an...
=+a. Normans MRS of food for clothing is 1 and Ginas MRS of food for clothing is 4: Individual Initial Allocation Trade Final Allocation Norman 6F, 2C Gina 1F, 8C
Cooperative Advertising One of the wholesalers that furnishes you with a very well made and popular line of jeans has offered you a tremendous co-op advertising package. They will pay 50% of all...
Use the following data for questions 1 through 3. The following budget for the 60,000-unit product level was prepared for the Production Department for September: Variable costs: Direct materials...
47. || INT The two springs in Figure P24.47 each have a spring constant of 10 N/m. They are stretched by 1.0 cm when a current passes through the wire. How big is the current? Figure P24.47 20 cm...
Gerald Kiraly sold 8 Romond Corporation bonds with a coupon rate of 8.375% and a current market price of 95.25. The commission charge is $10 per bond. The date of the transaction is 72 days since the...
The DIKW pyramid is important because: 1) It illustrates the relationship between data, information, and knowledge 2) The pyramid reflects the degree of importance and volume 3) wisdom is the most...
A steady stream of equimolar N2 and CO2 mixture at 100 kPa and 18C is to be separated into N2 and CO2 gases at 100 kPa and 18C. Determine the minimum work required per unit mass of mixture to...
Recall that Chapter 8 described the binary search algorithm for finding a particular entry in an ordered list. The idea behind binary search is to begin looking in the exact center of the list. If...

Define economies of scale and explain why they might arise. Define diseconomies of scale and explain why

Question:

Step by Step Answer:

Principles Of Microeconomics

Students also viewed these Business questions