This topic contains a solution. Click here to go to the answer

Author Question: If Dell Computer Company could produce more computers at lower long-run average cost by increasing ... (Read 42 times)

Yolanda

  • Hero Member
  • *****
  • Posts: 757
If Dell Computer Company could produce more computers at lower long-run average cost by increasing the quantity of all the inputs it uses, Dell definitely would experience
 
  A) decreasing marginal returns.
  B) diseconomies of scale.
  C) increasing marginal returns.
  D) economies of scale.

Question 2

What does it mean to be risk averse?
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nikmaaacs

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

D

Answer to Question 2

A person is risk averse if his or her expected utility from a risky situation is less than the utility he or she would receive from having, with certainty, the expected wealth from the risky situation.




Yolanda

  • Member
  • Posts: 757
Reply 2 on: Jun 29, 2018
Excellent


bigcheese9

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

For a complete list of videos, visit our video library