What does economies of scale mean

Assignment Help Microeconomics
Reference no: EM131100086

Discussions

Stat 200 (doesn't have to be super long!!!!!! Keep it short!!!!!!!)

• Discussion

Find an example of statistics in the news. Look in your local newspaper, online news site (e.g., CNN), etc. Summarize that example and discuss the details of the statistical information.

• Discussion

Respond to the appropriate question below by this Wed and then respond to TWO of your classmates responses with substantial contribution by Sunday. Last Names A through L respond to question 1 and Last Names M through Z respond to question 2.

1. What does economies of scale mean? As a health care manager how would you apply economies of scale in your department? Finally, how do organizations (payers, providers, military, physician owned clinics, wellness boutiques) utilize or could utilize economies of scale in their business model? Be specific and think about the changing demand curve, price sensitivity and other economic concepts that support your answer.

2. From an economic perspective, at what point does a firm decide to shut-down? What alternatives economically does an organization (payer, provider, IDN, physician practice, physician owned facility etc.) have instead of shutting down? How are these different between types of organizations compare and contrast two types of organizations,. Think about the difference in scale, borrowing ability, price setting, demand curve, supply curve and micro vs. macro economics.

Reference no: EM131100086

Questions Cloud

Find the court decision located : Find the court decision located at 2007-1 USTC ¶50,210. a. What court heard the case?
How did walmart''s price cut compensate : How did Samsung's unveiling of the Galaxy S5 affect the demand for the S4 (News, p. 51)? What determinant(s)of demand changed? How did Walmart's price cut compensate? LO3-1
Adjusted salaries for the sake of fairness : Reviewed compensation and adjusted salaries for the sake of fairness. Communicated this to all affected employees.
Accounts payable prepaid insurance : LeadCo School is a newly organized business that teaches people how to inspire and influence others. The list of accounts to be opened in the general ledger is as follows:
What does economies of scale mean : What does economies of scale mean? As a health care manager how would you apply economies of scale in your department? Finally, how do organizations utilize or could utilize economies of scale in their business model?
Is a tax on margarine efficient in the economic sense : Why would margarine producers prefer to have an excise tax imposed on both butter and margarine? Would such a tax be more or less efficient than a tax on margarine alone?
Describe any time management strategies : Offer your suggestions for what you believe Jenny should do next. Describe any time management strategies that you believe Jenny should try in the future to avoid a repeat of this type of situation.
Explain briefly what the management accountant : (a) Explain the ways in which the attitudes and behaviour of managers in a company are liable to pose more threat to the success of its budgetary control system than are minor technical inadequacies that may be in the system.
What is the effect on output : Suppose govermnet purchases increase by one unit. What is the effect on output? (Assume that 0)

Reviews

Write a Review

Microeconomics Questions & Answers

  What is the new market supply curve

Continue to assume that the world price is $8. Suppose the government decides not to use a tariff, and instead imposes an import quota of 10 units. What is the new market supply curve ABOVE the world price

  Find the difference in welfare between free trade and

your last assignment brings you to work with the government of sweden on textile markets. sweden is fully integrated

  Discusses how and why a pollster got their guess wrong

Today's opinion pollsters are coming under greater pressure because their predictions have a tendency to be wrong. For this assignment, post a link to a news story or blog that discusses how and why a pollster got their guess wrong.

  Need instead of depending on government support

Need instead of depending on government support?

  Proponents of zero inflation argue that even mild inflation

Proponents of zero inflation argue that even mild inflation (1 to 3 percent) reduces the economy's real output.  Do you agree or disagree with this assessment? Why?

  What would production at a point outside the production

What would production at a point outside the production possibilities curve indicate? What must occur before the economy can attain such a level of production?

  What is the nominal interest rate on this loan

Suppose you borrowed $200 one year ago and must now repay $210. The inflation rate over the year was 7 percent. What is the nominal interest rate on this loan

  1 if the economy is to have significant built-in stability

1. if the economy is to have significant built-in stability then when real gdp increases the tax revenues shoulda. fall

  Which methods of encouraging growth

Which of these methods of encouraging growth would you suggest for the typical company in Hong Kong and Singapore?

  Describe a model that can be uses to predict the quantity

describe a single non-profit provider, describe a model that can be uses to predict the quantity of health care services provided. Identify the health economic issues of non-profit providers, state why non-profit providers or organizations are imp..

  Produce a report based on a scenario covering a range of

produce a report based on a scenario covering a range of learning outcomes. demonstrate course concepts and ideas

  How is the market price of a good determined

How is the market price of a good determined? When the market for a product is in equilibrium, how will consumers value an additional unit compared to the opportunity cost of producing that unit? Why is this important?

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