Someone once said that Chevrolet is so large that if it shakes its tail, its takes two years for its head to notice it. This is an example of
a. profit centers
b. economies of scale
c. diseconomies of scale
d. diminishing marginal returns
e. diminishing marginal cost
Question 2
The minimum efficient scale for a firm is the
a. lowest rate of output at which long-run average cost is at a minimum
b. lowest rate of output at which short-run average total cost is at a minimum
c. lowest rate of output at which short-run average variable cost is at a minimum
d. average of the rates of output at which long-run average cost is at a minimum
e. average of the rates of output at which short-run average total cost is at a minimum
shelducks, genus Tadorna, are a group of large birds in the Tadorninae subfamily of the Anatidae
The proportion of obese and extremely obese adults in the United States has increased over the past
On March 25, 1911, as scores of young factory girls leaped to their deaths from the eighth, ninth, a
Paul Cézanne, The Large Bathers.
Prevalence of drug use in the United States. Figures are based on a survey of people 12 years of age ...
The presence of large areas of methane hydrate