« previous next »

Author Question: If a product exhibits increasing returns to scale, then the average cost of making the product will ... (Read 34 times)

MirandaLo

  • Hero Member
  • *****
  • Posts: 538
on: Jun 30, 2018
If a product exhibits increasing returns to scale, then the average cost of making the product will ______ as its production decreases?
 a. increase.
  b. decrease.
  c. remain the same.
  d. there is insufficient information provided to answer the question.

Question 2

The McCallum management principles advocate the use of
 a. time-motion study to determine the most productive way to perform job-tasks.
  b. employee stock-purchase programs.
  c. internal accounting systems and performance evaluations.
  d. leveraged buy-outs to increase the firm's control of an industry.


Animal_Goddess

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

b. decrease.

Answer to Question 2

c. internal accounting systems and performance evaluations.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

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?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Deimos in color on February 21, 2009 by the same (not to scale) Deimos in color on February 21, 2009 by the same (not to scale)
Increasing Costs of Natural Disasters Increasing Costs of Natural Disasters
Ginkgo Biloba label. The label indicates the product is standardized to percentages of the two ... Ginkgo Biloba label. The label indicates the product is standardized to percentages of the two ...
A Scatterplot of the Test Scores and Average Grades of 10 Students A Scatterplot of the Test Scores and Average Grades of 10 Students
Hardness: Mohs Scale (2 of 2) Hardness: Mohs Scale (2 of 2)
Eugenics exhibits Eugenics exhibits
Video: Bone tissue types - compact and spongy

For a complete list of videos, visit our video library