Question
Compared to a firm that has many small plants, a firm with a few large plants is likely to have all of the following except
Compared to a firm that has many small plants, a firm with a few large plants is likely to have all of the following except which one?
Select one:
a.greater availability of specialized capital
b.fewer inputs
c.less managerial diseconomies
d.greater managerial diseconomies
If it costs View Your World, a high-end window manufacturer, $25 per window to install a higher quality glass in its windows and consumers will pay an additional $30 per window for the improvement, which of the following is true?
Select one:
a.View Your World should not install the higher quality glass because the marginal revenue from the quality enhancement is less than the marginal cost.
b.View Your World should install the higher quality glass because the marginal revenue from the quality enhancement is less than the marginal cost.
c.View Your World should not install the higher quality glass because the marginal revenue from the quality enhancement exceeds the marginal cost.
d.View Your World should install the higher quality glass because the marginal revenue from the quality enhancement exceeds the marginal cost.
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