Someone once said that Chevrolet is so large that if it shakes its tail, its takes two years for its head to notice it. This is an example of
a. profit centers
b. economies of scale
c. diseconomies of scale
d. diminishing marginal returns
e. diminishing marginal cost
Question 2
The minimum efficient scale for a firm is the
a. lowest rate of output at which long-run average cost is at a minimum
b. lowest rate of output at which short-run average total cost is at a minimum
c. lowest rate of output at which short-run average variable cost is at a minimum
d. average of the rates of output at which long-run average cost is at a minimum
e. average of the rates of output at which short-run average total cost is at a minimum
Large size can provide a refuge from predators. While young African elephants may be vulnerable to p
School age (late childhood): 6–12 years, or to puberty.
Who Takes Care of the Children While the Mothers Are at Work?
This Powertrain Control Module (PCM) is located under the hood on this Chevrolet pickup truck.
Rattlesnake Tail