« previous next »

Author Question: A car leasing company that expands its size by buying its competitors may run the risk of increasing ... (Read 62 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?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Relationship between winter rainfall and chuckwalla, Sauromalus, size Relationship between winter rainfall and chuckwalla, Sauromalus, size
Index of seed size and hardiness prior to, during, and after drought. Index of seed size and hardiness prior to, during, and after drought.
Guidelines for proper blood pressure cuff size Guidelines for proper blood pressure cuff size
Buying A House: Institutional Discrimination and Predatory Lending Buying A House: Institutional Discrimination and Predatory Lending
Selected High-Risk Drugs for Older Adults Selected High-Risk Drugs for Older Adults
Chocolate May Lower the Risk of Stroke in Men Chocolate May Lower the Risk of Stroke in Men
Video: Ionic bonds - role of ions in the body

For a complete list of videos, visit our video library