Economies of scale more important
Course:- Business Economics
Reference No.:- EM13891930

Assignment Help >> Business Economics

(a) Answer the same questions as in the previous problem if TC = .5m + 10Q.

(b) In which problem are economies of scale more important? Explain how this affects your outsourcing decision.

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Business Economics) Materials
The senate of Puerto Rico recently decided to raise the taxes on soft-drinks (Coca-Cola, Seven-Up, etc.) Graphically illustrate the effects of this tax on the market for hard
Rental equipment is for sale for $110,000. A prospective buyer estimates he would keep the equipment for 12 years and spend $6000 a year on maintaining the equipment. Estimate
The per acre production function for rice is y = f (W, F ) = 2W^1/2 F^1/2 , where W is irrigation water, F is fertilizer and y is yield (output per acre). Compute an expressio
Drivers of Globalization in Practice: Global Business Needs When considering a country to enter with respect to global trade, business leaders must determine if the particular
Using this information in the table above, what does GDP equal? Items Billion of dollars Wages 300 Consumption expenditure 350 Interest, rent, and profit 50 Statistical discre
Suppose we know that output in the economy is given by the production function: YttKt1/2Lt1/2. If total factor productivity (A) is growing at a rate of 1.5% per year, the
Why does entry and exit of firms occur in the long run and not in the short run? Using appropriate diagrams, discuss the role or importance of exit and entry conditiontions in
Economists say that wages of most countries relative to the US are, for the most part, similar to their productivity relative to the US. Do you think US apparel manufacturers