Evaluate this view in terms of the external economy model

Assignment Help Econometrics
Reference no: EM131134928

It is often argued that the existence of increasing returns is a source of conflict between countries, since each country is better off if it can increase its production in those industries characterized by economies of scale. Evaluate this view in terms of the external economy model.

Reference no: EM131134928

Questions Cloud

Which firms would choose to adopt the new technology : Could it be profit maximizing for some firms to adopt the new technology but not profit maximizing for other firms to adopt that same technology? Which firms would choose to adopt the new technology? How would they be different from the firms that..
Describe how the emerging concept of the triple bottom line : Describe ways by which the company can integrate corporate responsibility principles into their operations. Which of these do you believe to be the most effective? Why? Support your opinions with citations from your textbook or outside sources.
Why person decide to become an entrepreneur : Person can be a local shop or restaurant owner, a hair salon owner, a pet groomer, a consultant any field is fine. - find out why that person decide to become an entrepreneur.
Which of the following are direct foreign investments : A French company merges with an American company; stockholders in the U.S. company exchange their stock for shares in the French firm.
Evaluate this view in terms of the external economy model : Evaluate this view in terms of the external economy model.
Does company mention all components of triple bottom line : Does the company mention all three components of the triple bottom line? Are any operations functions specifically used as part of its sustainability strategy? Do you feel the company is honestly reporting its practices and goals, or do you suspec..
Personal ethics reflection : Write a 500-700 word paper to complete this assignment: Define ethics and the role it plays in both a persons personal and professional life.
Evaluate the relative importance of economies of scale : Evaluate the relative importance of economies of scale and comparative advantage in causing the following
What would determine who produces the good : What would you expect to be the pattern of international specialization and trade? What would determine who produces the good?

Reviews

Write a Review

Econometrics Questions & Answers

  What mindset does an analyst need to work on such approach

Could this be done differently, such as through JAD sessions or having the users review the program on a weekly basis, rather than taking the users away from their real jobs to work on development?

  What are the firms profit-losses at the level of production

Vaguely remembering his intoductory economics course, thechief Financial officer tells the CEO it is better to produce 1case of ball bearings , because marginal revenue equals marginalcost at the quantity . what are the firms's profit /losses at t..

  How much carpet must be re-manufactured annually

Each year in the United States nearly 5 billion pounds of discarded carpet end up in land fills. In response to this situation, the carpet manufacturer has decided to start a take-back program whereby obsolete carpet is reclaimed at the end of its..

  What is the present worth for each scenario

Modifying an assembly line has a first cost of $80,000 and its salvage value is $0. The firm's interet rate is 9%. The savings shown in the table depend on whether the assembly line runs one, two or three shifts, and on whether the product is made..

  What happens to the supply and demand curves

Suppose Springfield's economy moves into a recession and Y falls to $9 and rising unemployment allows widget makers to reduce wages to $18 per hour. What happens to the supply and demand curves.

  What is the probability average length of the sample board

However, because the saw is a mechanical device, not all the boards are 120 inches long. In fact, the distribution of lengths has a various of 0.64. The saw operator took a sample of 36 boards. What is the probability the average length of the sam..

  What is the maximum per unit that sellers are willing to pay

Now assume that intermediaries come from a competitive market with and equilibrium price of $8 per unit for their services, that is, any buyer or seller who wants an intermediary's services must pay $8 for them. What is the maximum per unit that s..

  Determine gdp by both the expenditures and income approaches

Then determine NDP. The Expenditure approach equals out to $361 Billion, the way to find this is to add up all the expenses, and the Income approach equals out to $380 billion and the way to find this part is to add up all the income. With that de..

  What is the most likely reason for coolaires price cut

Coolaire is the only firm producing a refrigerators. It costs $800 to produce a refrigerator, and coolaire sells each refrigerator for $1,200. Suppose, that a new firm, chillbox, enters the market for refrigerators.

  What is the annual compounding interest charged

What is the annual compounding interest charged? Using the compounding annual interest rate from above, what is the nominal, period interest rate and corresponding effective interest rate if compounding is hourly? Assume 30 days per month.

  What would be the firms decision at the price-output level

Suppose that a perfectly competitive firm faces a market price (P) $5 per unit, and at this price the upward-sloping portion of the firm's marginal cost curve crosses its marginal revenue curve at an output (Q) level of 1,500 units.

  Predict the equilibrium number of book stores

Each additional music store will decrease the price of books by $2 per book and increase the average cost of selling books by $1 per book. Predict the equilibrium number of book stores.

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