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

Author Question: Suppose RioTintoAlcan is considering the construction of a new aluminum smelter in Northern Quebec, ... (Read 30 times)

am7272

  • Full Member
  • ***
  • Posts: 167
on: Oct 12, 2022

Question 1

The creation of a new product is called
◦ product innovation.
◦ investment.
◦ creative destruction.
◦ a rise in productivity.
◦ process innovation.

Question 2

Suppose RioTintoAlcan is considering the construction of a new aluminum smelter in Northern Quebec, the operation of which requires a great deal of electricity. Suppose also that the price of electricity is predicted to rise significantly in the near future. As a result, the firm decides to build a plant using existing technology that is more expensive but uses less electricity per tonne of aluminum produced. This behaviour is an example of
◦ short-run cost minimization.
◦ long-run economies of scale.
◦ innovation away from changes in factor prices.
◦ short-run profit maximization.
◦ the long-run principle of substitution.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by am7272 on Oct 12, 2022

MajorWaffle

  • Full Member
  • ***
  • Posts: 177
Reply #1 on: Oct 12, 2022
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 50% of students answer this correctly


am7272

  • Member
  • Posts: 167
Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

Mochi

  • Member
  • Posts: 300
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

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?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

McGill University's Gault Nature Reserve on Mont-Saint-Hilaire, Quebec. McGill University's Gault Nature Reserve on Mont-Saint-Hilaire, Quebec.
The Northern Lights (Aurora Borealis) The Northern Lights (Aurora Borealis)
Thin disk specimens of aluminum oxide Thin disk specimens of aluminum oxide
Suppose that we have a sample space with five equally likely experimental outcomes: E1, E2, E3, ... Suppose that we have a sample space with five equally likely experimental outcomes: E1, E2, E3, ...
Northern blot analysis of dfmr1 gene expression in Drosophila ovaries and embryos Northern blot analysis of dfmr1 gene expression in Drosophila ovaries and embryos
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: DNA Sequences - Dideoxy Sequencing

For a complete list of videos, visit our video library