FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The long run phenomena of economies of scale describes as the reduction in long-run average cost and hence, in efficiency sourced to increase in firm's

The long run phenomena of economies of scale describes as the reduction in long-run average cost and hence, in efficiency sourced to increase in firm's scale of operation. Discuss whether long-term phenomena of economies of scale have any relevance to Walmart.

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

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

★★★★★
A polisher is started so that the fleece along the circumference undergoes a constant tangential acceleration of 4 m/s2. Three seconds after a polisher is started from rest, small tufts of fleece...

Answered: 1 week ago

Question

★★★★★
Explain the lenders' preferences for: (a) An off-take agreement structured around the take-or-pay provision. (b) A turnkey EPC contract.

Answered: 1 week ago

Question

★★★★★
2. Encourage students to improve projects when they have learned more.

Answered: 1 week ago

Question

★★★★★
Linda Olsen is studying for the next accounting midterm examination. Summarize for Linda what she should know about management functions.

Answered: 1 week ago

Question

★★★★★
A 380 pF capacitor is connected in series with an unknown capacitor and as a series combination they are connected to a 21.0 V battery. If the 380 pF capacitor stores 800 pC of charge on its plates,...

Answered: 1 week ago

Question

★★★★★
canu show what formulas used. please solve all You have jist sold your bouse for \( \$ 1,000,000 \) in cash, Your mortgage was originally a \( 35-y \) ear mortgage with monthly payments and an inital...

Answered: 1 week ago

Question

★★★★★
What was the positive value of Max Weber's model of "bureaucracy?"

Answered: 1 week ago

Question

★★★★★
NHIKNHAK Enterprises has determined the cost of manufacturing a unit of product as follows, based on normal production of 60,0000 units per year: Direct materials Direct labor Variable factory...

Answered: 1 week ago

Question

★★★★★
Sales Revenue $ 1 0 0 0 0 0 , Variable Costs $ 6 0 0 0 0 , Fixed Costs $ 2 0 0 0 0 . What is the

Answered: 1 week ago

Question

★★★★★
According to Wheeler (Axiom 7): "Every data set contains noise. Some data sets also contain signals. Before you can detect the signals within your data, you must filter out the noise". Explain the...

Answered: 1 week ago

Question

★★★★★
Lavazza distributes ground coffee in three supply chain channels (i = 1, 2 and 3). For each channel the demand-price relationship (in boxes) is linearly defined by the constants A1, A2 and A3 and...

Answered: 1 week ago

Question

★★★★★
Consider a binomial experiment with n = 10 and p = 0.1. a. Compute f(0) (to 4 decimals). 1(0) = b. Compute f(3) (to 4 decimals). f(3) = c. Compute P(a: g 3) (to 4 decimals). P(m g 3) = d. Compute...

Answered: 1 week ago

Question

★★★★★
What is a bond indenture? What provisions are usually included in it?

Answered: 1 week ago

Question

★★★★★
What factors affect the market rates for bonds?

Answered: 1 week ago

Question

★★★★★
What are the duties of a trustee for bondholders?

Answered: 1 week ago

Previous Question Next Question