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Author Question: As the accounting industry expands, the demand for certified public accountants (CPAs) also ... (Read 188 times)

misspop

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on: Apr 19, 2019

Question 1

A delivery company lowers its automobile insurance costs as it increases in size because as the size of the fleet of delivery trucks increases, the premium per driver decreases substantially. This is an example of


◦ constant returns to scale.
◦ diseconomies of scale.
◦ economies of scale.
◦ diminishing marginal returns.

Question 2

As the accounting industry expands, the demand for certified public accountants (CPAs) also increases, which causes the salaries of CPAs to increase. This is an example of


◦ diseconomies of scale.
◦ economies of scale.
◦ constant returns to scale.
◦ increasing marginal returns.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by misspop on Apr 19, 2019

xiazhe

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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misspop

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Reply 2 on: Apr 19, 2019
Excellent

diana chang

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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