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Economies of scale and dis-economies of scale? What do these terms mean, when do they occur and how do they differ? Can you provide an example of economies and scale and dis-economies of scale.
Then, answer the question below. Which one best described dis-economies of scale?
A. per unit costs increase when all resources are increased.
B. per unit costs decrease when all resources are increased.
C. per unit costs remains constant when all resources are increased.
D. per unit costs is no longer important.
Assume that in 1984 the total output in a single-good economy was 7000 buckets of chicken.
From the e-Activity, assess how business leaders use managerial economics to make business decisions indicating how profits may be impacted.
The quantity of pizzas demanded soared the following week from 1 pie an hour to 100 pies an hour. Illustrate what was price elasticity of demand for Domino's pizza.
According to Wade, higher corporate ___________________ tend to make for more financial fragility than do lower ones.
Consider both sides of the argument and come to a decision of whether to close the plant or continue to operate it. How would you explain to either the president or the CEO that he or she is wrong?
Austerity measures implemented in several European countries will mean lower level of government expenditures for these countries? For these countries, this would cause
Effects on equilibrium cost as well as quantity when wages for all dental assistants enhance, increasing the expenses of inputs.
The dollar that the United States pays to import chinese goods are left in banks in china. Will this strategy raise or lower the standard of living in the United states?Briefly explain. be sure to provide a definition of "standard of living " in your..
The cross-price elasticity between mobile phones and ear buds is estimated to be 2.5. What do you predict will happen to ear bud demand (sales) and price, other things being equal, if mobile phone prices fall?
q.mr. h. simpson is an individual who earns 5 per hour working at the springfield nuclear power plant. assuming he
In a two-sector (manufacturing and agriculture) specific-factors model:
If the demand curve is much more inelastic than the supply curve, clarify whether buyers or sellers will shoulder more of the tax burden from a new tax placed on the sellers.
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