This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Positive economies of scale are said to exist when (Read 92 times)

james

  • Hero Member
  • *****
  • Posts: 573
on: May 25, 2020

Question 1

If a firm doubles its use of all inputs and output more than doubles, the firm experiences
◦ increasing returns to scale.
◦ constant returns to scale.
◦ decreasing returns to scale.
◦ increasing marginal returns to a fixed factor.

Question 2

Positive economies of scale are said to exist when
◦ doubling the amount of labour more than doubles the amount of output.
◦ doubling the amount of capital more than doubles total output.
◦ increasing the scale of production leads to a lower cost per unit output.
◦ any of the conditions under A, B, or C occur.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by james on May 25, 2020

dpost18

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: May 25, 2020
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.
Answer Preview
Only 58% of students answer this correctly


james

  • Member
  • Posts: 573
Reply 2 on: May 25, 2020
Great answer, keep it coming :)

samiel-sayed

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

The FDA recognizes 118 routes of administration.

Scale used to measure pupil size in millimeters. Scale used to measure pupil size in millimeters.
Nonverbal communications convey strong, powerful messages that may be negative or positive. Nonverbal communications convey strong, powerful messages that may be negative or positive.
Use a DMM set to read DC volts to check the voltage drop of the positive circuit to the fuel ... Use a DMM set to read DC volts to check the voltage drop of the positive circuit to the fuel ...
Negative and positive feedback loops Negative and positive feedback loops
The Geologic Time Scale The Geologic Time Scale
Mechanisms of positive control of transcription Mechanisms of positive control of transcription
Video: baroreceptors

For a complete list of videos, visit our video library