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 93 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

ttt030911

  • Member
  • Posts: 315
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Pitting Edema Grading Scale Pitting Edema Grading Scale
(A) Scratch test; patient is exposed to allergens through a light scratch on the skin; (B) Positive (A) Scratch test; patient is exposed to allergens through a light scratch on the skin; (B) Positive
Earth’s history is divided into nested sets of time--eons, eras, periods, and epochs--and is called Earth’s history is divided into nested sets of time--eons, eras, periods, and epochs--and is called
Empathy draws a more positive response from the patient because it is based on the willingness of th Empathy draws a more positive response from the patient because it is based on the willingness of th
Loyola Generativity Scale Loyola Generativity Scale
Glasgow Coma Scale Glasgow Coma Scale
Video: Sister chromatids of a metaphase chromosome animation

For a complete list of videos, visit our video library