This topic contains a solution. Click here to go to the answer

Author Question: The Criminal Records Corporation is operating at its minimum efficient scale, selling 10,000 records ... (Read 150 times)

Lisaclaire

  • Hero Member
  • *****
  • Posts: 569
The Criminal Records Corporation is operating at its minimum efficient scale, selling 10,000 records per month via late-night cable TV advertising. It currently buys pressed records from Hole-in-the-Middle, Inc, which has a minimum efficient scale of 100,000 records per month. Which of the following should Criminal Records do?
 a. Continue to buy 10,000 records from Hole-in-the-Middle, which can make the records more cheaply.
  b. Buy 100,000 records from Hole-in-the-Middle, so that company can reach its minimum efficient scale too.
  c. Buy Hole-in-the-Middle and use its facilities to manufacture the 10,000 records it needs.
  d. Buy Hole-in-the-Middle and stop operating as Criminal Records because Hole-in-the-Middle is the more efficient business.
  e. Buy Hole-in-the-Middle and stop operating as Criminal Records because Hole-in-the-Middle is the larger business.

Question 2

All of the following are true concerning the flexible exchange rate system except one. Which is the exception?
 a. It is the same as a floating exchange rate system.
  b. It is a system in which supply and demand determine the exchange rate.
  c. Government officials have little direct role in the foreign exchange market.
  d. Exchange rates may fluctuate considerably from time to time.
  e. Exchange rates are fixed by the central banks of the various countries.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

alvinum

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

A

Answer to Question 2

E




Lisaclaire

  • Member
  • Posts: 569
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


xoxo123

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

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.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

For a complete list of videos, visit our video library