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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.
Husband and wife exchange wedding rings during their marriage ceremony.
according to exhibitor relations co. in 2006 average movie ticket prices were 6.55 and attendance was 1.4 billion in
The most obvious benefit of specialization and trade is that they allow us to work more hours per week than we otherwise would be able to work or else.
Assume that the marginal utility of good A is 4 times the marginal utility of good B, However the price of good A is only 2 times the price of good B. Is this point consumer equilibrium? If not, what will occur?
1. What does it entail?
Explain in one or two paragraphs why innovation is at the heart of creating and sustaining competitive advantage for firms. You need to mention the interrelationships between innovation, productivity, competitive advantage and value-creation.
Identify an organization in that industry. Identify the market structure in which this organization competes. Clearly indicate why the market structure was decided upon, and how this market structure differentiates from the other alternatives.
the best evidence of the first deliberate human burial dates back almost 100000 years and the idea of ancestor
Discuss the current monopoly to provide a brief overview of the company. How did the monopoly arise? Did the monopoly increase barriers to entry? Does the company behave like a monopoly or more like a competitive firm?
1. Which of the following concepts represents the extra revenue a firm receives from the services of an additional unit of a factor of production?
Assume that the medical screening industry is perfectly competitive. Consider a typical firm that is making short-run losses. Suppose the medical screening industry runs an effective advertising campaign which convinces a large number of people th..
the market for basketballs is dominated by two firms wilson and spalding. the research department of wilson has
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