Explain the economic term economies of scale

Assignment Help Business Management
Reference no: EM131177230

1. Explain the economic term ‘economies of scale'.

2. Explain both of the economic terms a) specialization of labor and b) specialization of capital.

3. Explain how the new multiplex cinemas in the movie industry have created economies of scale.

Reference no: EM131177230

Questions Cloud

Find examples in the news to demonstrate the consequences : In addition, comment on some potential consequences of unethical behavior in budgeting. Find examples in the news to demonstrate the consequences.
Examples of two industries with different time : Why might the time frame for the "short run" differ from one industry to the next? Provide examples of two industries with different time frames for the short run. Explain why this is the case.
How many nonisomorphic unrooted trees are there : How many nonisomorphic rooted trees are there with five vertices (using isomorphism for directed graphs)?
Should the bradleys lease the land at that price : The Bradleys' are considering taking out a loan to increase their budget. For each dollar they borrow, how much additional profit would they make? If they borrowed an additional $1,000, would the number of acres of corn and tobacco they plant chang..
Explain the economic term economies of scale : 1. Explain the economic term ‘economies of scale'. 2. Explain both of the economic terms a) specialization of labor and b) specialization of capital.
Equivalent resistance between the terminals a and b : Find the equivalent resistance between the terminals a and b for the figure shown below.
What is the importance of budgets for organizations : What is the importance of budgets for organizations in today's global economy? What budgetary skills do you need to possess to be an effective manager and what will you do to improve those skills?
What does fomc stand for : What does FOMC stand for? What does it do as far as monetary policy? How is the FOMC formed?
Build a binary search tree for the given words : Build a binary search tree for the words oenology, phrenology, campanology, ornithology, ichthyology, limnology, alchemy, and astrology using alphabetical order.

Reviews

Write a Review

Business Management Questions & Answers

  Evaluating training and measuring return on investment for t

"Evaluating Training and Measuring Return on Investment for Training"Respond to the following: Describe the types of ethical issues that could arise during training evaluation processes and identify actions that can be taken to address and overcome t..

  Problem regarding the recognizing employee contributions

You are the HR manager of a relatively new retail company that has both retail stores and Internet sales. Your company is steadily growing in revenue and profitability. The company realizes that in order to retain the solid, highly productive work..

  Find the black-scholes price of a six-month call option

Find the Black-Scholes price of a six-month call option written on €100,000 with a strike price of $1.00 = €1.00. The current exchange rate is $1.25 = €1.00; The U.S. risk-free rate is 5% over the period and the euro-zone risk-free rate is 4%. ..

  Calculate total volume and total weighted average

Calculate the case mix index for this MS-DRG set. Volume * RW = Weighted Average for each MS-DRG. Then calculate the total volume and total weighted average. Show your work.

  Problem regarding the senior-level management

You work as an admission coordinator for an assisted living facility that just enacted its 5-year strategic plan. However, no one has communicated any of the components of the plan to any departments, including yours. Instead, management has chose..

  Flattening of the world

Write up to 500 words per essay. One of the consequences of the "flattening of the world" is that many U.S. manufacturing jobs have moved to lower-wage countries like China.

  Human resource management and talent development

Using the Internet, research human resource management, talent development, employee performance and retention in an employee-centered organization. Then, analyze strategies and techniques for human resource management, talent development, and sta..

  Nutritional needs at a selected stage of life

Prepare a PowerPoint presentation on nutritional needs at a selected stage of life and the presentation should be 10-15 slides

  Explain cemex''s operating performance

From the financial information given in the case, how would you describe CEMEX's operating performance? What problems with CEMEX's acquisition stategy (implementation),

  Discuss the influence of intellectual property law

Differentiate among the types of torts that arise in the business context and ways to mitigate business tort risk.

  Promoted from front-line supervisor

You have just been promoted from front-line supervisor to be one of the firm's senior managers. During your business education, you learned that the primary role of a manager is to make good decisions.

  Managing communicationbull effective communication may be

managing communicationbull effective communication may be hindered by selective perception and self-serving bias.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd