« previous next »

Author Question: When Jitters Coffee Company, Inc, can lower the cost of packaging a pound of coffee by doubling the ... (Read 1237 times)

s.tung

  • Hero Member
  • *****
  • Posts: 577
on: Jun 29, 2018
When Jitters Coffee Company, Inc, can lower the cost of packaging a pound of coffee by doubling the quantity packaged each day, it is achieving
 
  A) economies of scale.
  B) economies of scope.
  C) economies of team production.
  D) all of the above

Question 2

John's utility of wealth curve is shown in the above figure. He currently has wealth of 20,000. If the state lottery offers a 1 in 10,000 chance of winning 10,000, John will
 
  A) pay whatever price it takes to play.
  B) pay 1 to play this game.
  C) pay less than 1 to play this game.
  D) not be willing to play this game at any price.


shaquita

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Muscles of the right lower extremity Muscles of the right lower extremity
The tarsier is a haplorhine, and may represent an evolutionary bridge between lower and higher prima The tarsier is a haplorhine, and may represent an evolutionary bridge between lower and higher prima
Global Coffee Production Global Coffee Production
Apply oil or lotion to the entire leg and hip. Slide palms from lower leg to buttocks. Inside hand ... Apply oil or lotion to the entire leg and hip. Slide palms from lower leg to buttocks. Inside hand ...
The inverse-square law and its effects. Doubling your distance away from a radioactive material ... The inverse-square law and its effects. Doubling your distance away from a radioactive material ...
The Lower Extremities The Lower Extremities
Video: Structure of a Ribosome

For a complete list of videos, visit our video library