Economies of scale and diseconomies of scale

Assignment Help Microeconomics
Reference no: EM13699535

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.

Reference no: EM13699535

Questions Cloud

What is the pre-tax annual rate of return on this bond : You buy a bond for $1118 that pays $20 interest every 6 months. It will reach maturity in 9 years at which time it will return its face value of $1000 plus the final $20 interest payment. What is the pre-tax annual rate of return on this bond? Estima..
Analyze the work-incentive effects of mitterands programs : When the late Francois Mitter and was the president of France, he instituted a number of programs designed to appeal to his “blue-collar” constituency. He raised the income tax rate applicable to the rich and expanded the free, government-provided so..
Compute a weighted 3-month moving average forecast : Compute a weighted 3-month moving average forecast for months 4 through 9. Assign weights of 0.55, 0.33, and 0.12 to the months in sequence, starting with the most recent month.
Determine the elasticity of industrys labor demand curve : What factors determine the elasticity of industry’s labor demand curve? Based on these factors, discuss labor demand for factory line workers versus labor demand for nurses, which one would be more elastic?
Economies of scale and diseconomies of scale : 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.
Public policy against the enforcement of gambling contracts : Are legalized forms of gambling, such as state-operated lotteries, consistent with a continuing public policy against the enforcement of gambling contracts? Why or why not? Please discuss and support your comments using legal reasoning and terminolog..
Employment and wages : Suppose the US government requires firms to provide Workers Compensation Insurance Coverage for its employees. How does this mandate affect labor market outcomes (employment and wages) when workers’ valuation of Workers
Graeters-a fourth-generation family business : Graeter's began as a partnership between a husband and wife, and then the company was passed on to the sons. What advantages and disadvantages would Graeter's have experienced as a partnership?
Discuss the impact of the minimum wage : Discuss the impact of the minimum wage when there are two sectors in the economy, one is subjected to the minimum wage and the other is not.

Reviews

Write a Review

Microeconomics Questions & Answers

  Examples of automatic stabilizers

Which of the following are examples of automatic stabilizers? Check all that apply.

  Finding equilibrium fare

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.

  Examples of economic activities-decrease in taxes

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.

  Fiat trades as and adr on the nyse one underlying fiat

q1. on the milan bourse fiat stock closed at eur31.90 per share on friday september 10 1999. fiat trades as and adr

  Find the number of leisure passenger for next year

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..

  Find the order size for company a in given scenario that

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

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

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

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.

  Explain the project scope and project management plan align

1.describe the project scope and project management plan. align your plan to the overall strategy that you have

  Distinction between monopoly and oligopoly

Describe the difference between monopoly and oligopoly, the welfare effects of monopoly, cost advantages that create monopolies, government actions which create monopolies.

  Women decided to work more, raising their relative supply

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

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