This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Positive economies of scale are said to exist when (Read 35 times)

james

  • Hero Member
  • *****
  • Posts: 573
on: May 25, 2020

Question 1

If a firm doubles its use of all inputs and output more than doubles, the firm experiences
◦ increasing returns to scale.
◦ constant returns to scale.
◦ decreasing returns to scale.
◦ increasing marginal returns to a fixed factor.

Question 2

Positive economies of scale are said to exist when
◦ doubling the amount of labour more than doubles the amount of output.
◦ doubling the amount of capital more than doubles total output.
◦ increasing the scale of production leads to a lower cost per unit output.
◦ any of the conditions under A, B, or C occur.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by james on May 25, 2020

dpost18

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 58% of students answer this correctly


james

  • Member
  • Posts: 573
Reply 2 on: May 25, 2020
Thanks for the timely response, appreciate it

raili21

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

The Apgar Scale The Apgar Scale
Glasgow Coma Scale Glasgow Coma Scale
OraQuick. A negative result would show a red line at the "C" mark, whereas a positive ... OraQuick. A negative result would show a red line at the "C" mark, whereas a positive ...
Nucleic acid bases can exist in syn or anti conformations Nucleic acid bases can exist in syn or anti conformations
Growth in Closed Economies Growth in Closed Economies
The Scale of the Very Small and Very Large: Powers of 10 The Scale of the Very Small and Very Large: Powers of 10
Video: Acids and bases - definition

For a complete list of videos, visit our video library