« previous next »

Author Question: A car leasing company that expands its size by buying its competitors may run the risk of increasing ... (Read 86 times)

kwoodring

  • Hero Member
  • *****
  • Posts: 560
on: Jun 30, 2018
A car leasing company that expands its size by buying its competitors may run the risk of increasing production cost per unit due to:
 a. diseconomies of scale.
  b. economies of scale.
  c. diminishing returns.
  d. greater use of large-volume purchases.

Question 2

When a firm hires an additional unit of labor, the increase in a firm's total revenues is known as the marginal:
 a. cost.
  b. product.
  c. utility product.
  d. revenue product.


aliotak

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Use of fluorescent molecules by Lowenstein and colleagues to determine the size of gap-junction chan Use of fluorescent molecules by Lowenstein and colleagues to determine the size of gap-junction chan
Large male size and mating success. Large male size and mating success.
Here are images of live zebrafish that were studied for genetics and head size to give insight into Here are images of live zebrafish that were studied for genetics and head size to give insight into
Size comparison of Earth and Uranus Size comparison of Earth and Uranus
Risk of death from motorcycle accidents (dashed lines) and passenger accidents (solid lines) per 100 Risk of death from motorcycle accidents (dashed lines) and passenger accidents (solid lines) per 100
Group Size Group Size
Video: Major Elements in Biological Molecules: Proteins

For a complete list of videos, visit our video library