Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Corporate 'big box' stores have replaced small family run stores in many industries (incl. agriculture).What industries do these corporate 'giants' do not exist. Why?For

1. Corporate 'big box' stores have replaced small family run stores in many industries (incl. agriculture).What industries do these corporate 'giants' do not exist. Why?For instance, why are there (for the most part) no 'big box' funeral homes? Do economies of scale not exist in some industries?

2. Related to #1 above, why are most dry cleaners small stores, and why are all power plants large? What do marginal and fixed costs have to do with company size.

3. Are universities subject to economies of scale?For example, google this article "Closures to Triple" published September 28, 2015from InsideHigherEd.com. How do economies of scale affect the ability of universities/colleges to remain open.Can alumni donations save universities/colleges?

4. What is the rate of output is appropriate for a non-profit corporation (eg, Red Cross, Goodwill). Do/should these firms organize themselves as a for-profit corporation?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Macroeconomics Principles Applications And Tools

Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez

7th Edition

978-0134089034, 9780134062754, 134089030, 134062752, 978-0132555234

More Books

Students also viewed these Economics questions

Question

Which are non projected Teaching aids in advance learning system?

Answered: 1 week ago