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Economies of scale and diseconomies 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 diseconomies 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.
Which of the following are examples of automatic stabilizers? Check all that apply.
The marginal and average cost curves of taxis in metropolis are constant at $.20/mile. The demand curve for taxi trips in metropolis is given by P = 1 - .00001q, where P is the fare, in dollars per mile, and Q is measured in miles per year.
Explain how each of these activities affects government, households, and businesses. Explain the flow of resources from one entity to another for each activity. Relate at least one current event to the activities.
q1. on the milan bourse fiat stock closed at eur31.90 per share on friday september 10 1999. fiat trades as and adr
Last year the US low-cost-carrier Spirit Airlines entered the Dallas-Chicago market. The average ticket price for all airlines servicing the route fell from $200 to $180. After Spirit's entry, the number of passengers increased from 700 to 800 pe..
company as demand is uniform throughout the year and totals 19000 units per year. ordering costs total 39 per order.
Derive the Marshallian demand functions and the indirect utility function, and confirm that Roy's identity holds.
1. indicate whether each of the following statements is true or false and explain why. do not simply give a corrected
Draw the market Demand and Supply curves (on the same graph) for Ford and what is the market equilibrium price and quantity explain what you will observe in the market if the Ford car price is set at a higher than equilibrium price.
1.describe the project scope and project management plan. align your plan to the overall strategy that you have
Describe the difference between monopoly and oligopoly, the welfare effects of monopoly, cost advantages that create monopolies, government actions which create monopolies.
From 1990 to 1997 in the United States, the number of working men grew by 6.7 percent; the number of working women grew by 11 percent. During this time, average wages for men grew by 20 percent
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