« previous next »

Author Question: If a product exhibits increasing returns to scale, then the average cost of making the product will ... (Read 73 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?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Some uses of recombinant DNA technology for making improved vaccines Some uses of recombinant DNA technology for making improved vaccines
Test for Depressive Symptoms: CED Scale Test for Depressive Symptoms: CED Scale
Geriatric Depression (Mood Assessment) Scale Geriatric Depression (Mood Assessment) Scale
Average Surface Air Pressure – July Average Surface Air Pressure – July
Increasing/decreasing Functions Increasing/decreasing Functions
Making Recombinant DNA Making Recombinant DNA
Video: Bone Growth and Remodeling

For a complete list of videos, visit our video library