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Author Question: When economists talk of 'spreading overheads' they mean (Read 78 times)

j.rubin

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Question 1

Economists use the term 'indivisibilities' to explain why
◦ trade unions are formed.
◦ diminishing returns occur.
◦ economies of scale occur.
◦ people enjoy working in groups.

Question 2

When economists talk of 'spreading overheads' they mean
◦ having several sources for each input.
◦ increasing output to reduce average fixed costs.
◦ having factories in different countries.
◦ increasing output to reduce average variable costs.


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Marked as best answer by j.rubin on May 25, 2020

thall411

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j.rubin

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Reply 2 on: May 25, 2020
Thanks for the timely response, appreciate it


bdobbins

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Reply 3 on: Yesterday
:D TYSM

 

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