What is the difference between diseconomies of scale and the law of diminishing marginal returns?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (15 reviews)
To conclude we can say that the law of dimin...View the full answer
Answered By
Surojit Das
I have vast knowledge in the field of Mathematics, Business Management and Marketing. Besides, I have been teaching on the topics Management leadership, Business Administration, Human Resource Management, Business Communication, Accounting, Auditing, Organizer Behaviours, Business Writing, Essay Writing, Copy Writing, Blog Writing since 2020. It is my personality to act quickly in any emergency situations when students need my services. I am very professional and serious in every questions students asked me at the time of dealing any projects. I have been serving detailed, quality, properly analysed research paper through the years.
4.80+
91+ Reviews
279+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
1. The presence of _______explains the negatively sloped portion of a long-run average-cost curve, and the notion of _______explains the horizontal portion of the curve. 2. Consider the information...
-
In the text, we stated that the LRAC curve eventually slopes upward because of diseconomies of scale. In the previous chapter we saw that the SRATC curve eventually slopes upward because of...
-
What is the difference between law and ethics?
-
Recognition accuracy that measures the percentage of orders that are taken correctly is 86.8%. Suppose that you place order with the bot and two friends of yours independently place orders with the...
-
Which of the following statements are true? 1. Accounting transactions are stored in the operational database. 2. A database administrator is responsible for designing the database. 3. The result of...
-
Etonic, Inc., is considering an investment of $395,000 in an asset with an economic life of five years. The firm estimates that the nominal annual cash revenues and expenses at the end of the first...
-
Describe the relationship between resources, capabilities, and competitive advantage.
-
Speedy Auto Wash is contemplating the purchase of a new high-speed washer to replace the existing washer. The existing washer was purchased two years ago at an installed cost of $120,000; it was...
-
Under the perpetua inventory set the journal entries to recordar herra sale wie Accounts Payable 2001 Merchandise Inventory xox Merchandise inventory xxx Cost of Goods Sold Cost of Goods Sold xxx...
-
The partnership of Ace, Ben, Cid, and Don is dissolved on January 5, 2011, and the account balances at June 30, 2011, after all non-cash assets are converted into cash, are as follows: 1. The...
-
The average variable cost curve and the average total cost curve get closer to each other as output increases. What explains this convergence?
-
For each lettered space in the following table, determine the appropriate dollar amount: Total Quantity of Fixed Average Output, Cost Fixed Total Variable Variable Cost Total CostMarginal...
-
1. Describe the greatest challenges of promoting music today as opposed to 10 years ago. How has music promotion change? 2. Conduct some research on Canadas Music Incubator (CMI). What are the...
-
Maintenance costs at Red Dot Manufacturing over the past six months are listed in the following table. ( Click the icon to view the maintenance costs. ) Using the high - low method, what is the total...
-
PURPOSE: Understand Markov chains as a means to model/predict probabilistic processes in a simple case. a. Toss a coin 32 times and record the outcome (as a string of H and T). b. Compute the...
-
2. 1. The following are considered Financial Statements as per the Generally Accepted Accounting Principles (GAAP), except: a.) Profit & Loss Statement b.) Cash Flow Statement c.) Statement of...
-
In what ways do you feel prepared to use your communication skill after completing the assignment? If you don't feel prepared, share why.
-
Budgeted Activity Activity Cost Activity Base Casting $238,560 Machine hours Assembly 158,620 Direct labor hours Inspecting 24,090 Number of inspections Setup 52,540 Number of setups 43,200 Number of...
-
Name two types of negotiated contracts and describe the method of payment and incentive concept.
-
In a certain school district, 3% of the faculty use none of their sick days in a school year. Find the probability that 5 faculty members selected at random used no sick days in a given year.
-
Complete the following bank reconciliation by filling in the missing amounts. Book balance of cash. Add: Collection of note Interest earned Deduct: Service charge NSF check. Reconciled balance NELSON...
-
Assume that both parties to a legal dispute are averse to the risk of losing at trial. Would risk-averse parties be more inclined to settle out of court under a rule of each pays his own or loser...
-
Suppose loser pays all is more efficient than each pays his own. In a jurisdiction that follows each pays his own, the Coase Theorem would predict that the two parties would sign a contract requiring...
-
Appeals are often subsidized in the sense that the state bears part of the litigation costs. Use the preceding theory to construct a justification of state subsidies for appeals.
-
The number of hours studied and the scores that students earned are shown. Creating a scatter chart, which statement is true regarding the relationship between the hours of study and scores earned....
-
Five samples of 12 each were extracted from a population. Based on the central limit theorem, what is the best estimate of the SD of the population? A B C D E 270 230 290 238 315 303 274 270 246 244...
-
In a national test, the mean score was 1575 and the standard deviation was 85. What % of the students earned a score between1500 and 1600 if the scores were Normally distributed?
Study smarter with the SolutionInn App