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 94 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
YES! Correct, THANKS for helping me on my review

LVPMS

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

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.

The Scale of Life 1 The Scale of Life 1
Positive and Negative Symptoms of Schizophrenia Positive and Negative Symptoms of Schizophrenia
pH Scale - Weak Acid and their conjugate Base pH Scale - Weak Acid and their conjugate Base
The pH scale: Acids, Bases, and Buffers and Body Fluids in Flux The pH scale: Acids, Bases, and Buffers and Body Fluids in Flux
Glasgow Coma Scale (2 of 2) Glasgow Coma Scale (2 of 2)
Cast of a Fossil Dunkleosteus, with a human to illustrate scale Cast of a Fossil Dunkleosteus, with a human to illustrate scale
Video: Glomerular filtrate rate: pressures that affect GFR, NFP & GFR and blood composition

For a complete list of videos, visit our video library