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Author Question: When economists talk of 'spreading overheads' they mean (Read 61 times)

j.rubin

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on: May 25, 2020

Question 1

Economists use the term 'indivisibilities' to explain why
◦ trade unions are formed.
◦ diminishing returns occur.
◦ economies of scale occur.
◦ people enjoy working in groups.

Question 2

When economists talk of 'spreading overheads' they mean
◦ having several sources for each input.
◦ increasing output to reduce average fixed costs.
◦ having factories in different countries.
◦ increasing output to reduce average variable costs.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by j.rubin on May 25, 2020

thall411

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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.
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j.rubin

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Reply 2 on: May 25, 2020
Excellent

scottmt

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

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