Homework Answers
26.Discounts on purchase of inputs is a source of economies of scale.
Answer-C
27.A rise in demand raises price.A fall in supply increase price.
Answer-B
28.When AC is rising MC is above it.
Answer-B
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d. Only A&B QUESTION 26 All of these could be sources of economies of scale except...
QUESTION 40 All of these could be sources of economies of scale except O a. Discounts...
QUESTION 40 All of these could be sources of economies of scale except O a. Discounts on bulk purchase of inputs b. Investment in more efficient technology c. Specialization d. A bottleneck procedure Click Save and Submit to save and submit. Click Save All Answers to
QUESTION 31 2.5 poin All of these could be sources of economies of scale except a....
QUESTION 31 2.5 poin All of these could be sources of economies of scale except a. A bottleneck procedure b. Investment in more efficient technology O c. Discounts on bulk purchase of inputs d. Specialization QUESTION 32 2.5 point: Assumptions that underlie the Resource-based View include a Resource heterogeneity O b. Resource immobility Oo. Barriers to entry O d. Both a and b
QUESTION 38 All these are characteristics of a monopoly except, O a. Controls a large share...
QUESTION 38 All these are characteristics of a monopoly except, O a. Controls a large share of the market b. There is one seller of the product Oc Controls a small share of the market d. Has few substitutes QUESTION 39 A rising average cost implies that a marginal cost is equal to average cost b. marginal cost is above average cost C. marginal cost is below average cost d. none of the above QUESTION 40 If long run average...
- 0061 362 370 380 395 120 130 140 QUESTION 29 15 Firms have a competitive advantage when a. They can deliver the s...
- 0061 362 370 380 395 120 130 140 QUESTION 29 15 Firms have a competitive advantage when a. They can deliver the same product benefits as their competitors but at a lower cost b. They can deliver superior product at a similar cost c. Both of the above d. None of the above QUESTION 30 A price elasticity of demand of -0.67 implies a. Demand is elastic O b. Demand is inelastic c. Demand is unitary elastic d. Demand...
pls answer all QUESTION 27 A risk premium is a the difference between the earnings of...
pls answer all
QUESTION 27 A risk premium is a the difference between the earnings of a low risk asset and a high risk asset b. premium paid to a security holder to compensate him for bearing a higher risk c. both A&B d. none of the above QUESTION 28 How does an increase in the price of laptop memory chips affect the market of laptops? a. The supply curve for laptops shifts to the left b. The demand curve...
Question Completion Status: QUESTION 31 An efficient scale of the firm is the quantity of output...
Question Completion Status: QUESTION 31 An efficient scale of the firm is the quantity of output that maximizes marginal product • maximizes profit minimizes average total cost • minimizes average variable cost QUESTION 32 If marginal cost is rising - average variable cost must be falling average fixed cost must be rising marginal product must be falling • marginal product must be rising QUESTION 33 Diminishing marginal product suggests that additional units of output beccome less costly as more output...
QUESTION 30 In the 1O perspective it is important to enter an industry with Oa High...
QUESTION 30 In the 1O perspective it is important to enter an industry with Oa High supplier power Ob. Low threat from substitutes Oc. Low levels of rivalry between firms O d. Only B & C QUESTION 31 Diminishing marginal productivity implies Oa increasing marginal costs b. decreasing total costs e decreasing marginal costs d. decreasing average costs QUESTION 32 Firms have a competitive advantage when O a They can deliver the same product benefits as their competitors but at...
Economies of scale arise from all of the following sources, EXCEPT A. serving domestic and international...
Economies of scale arise from all of the following sources, EXCEPT A. serving domestic and international markets from the same production facilities B. serving global markets C. increasing fixed costs by limiting them to small volumes D. bargaining with suppliers to bring down the cost of key inputs
QUESTION 5 A compensating wage differential is a the difference between the wage of an individual...
QUESTION 5 A compensating wage differential is a the difference between the wage of an individual working in favorable conditions and the wage of an individual working in unfavorable condition b.compensation paid to an individual for working in a less desirable environment c. premium paid to a security holder to compensate him for bearing a higher risk d. Only A&B QUESTION 6 Decreasing average cost implies that a marginal cost is above average cost b, marginal cost is below average...
QUESTION 14 A rational, optimizing, self-interested consumer would consume a good up to the point where a the consu...
QUESTION 14 A rational, optimizing, self-interested consumer would consume a good up to the point where a the consumer surplus from the last unit is positive b. the consumer surplus from the last unit is negative c. the consumer surplus from the last unit is zero od none of the above QUESTION 15 A price elasticity of demand of -0.67 implies a Demand is perfectly elastic b. Demand is unitary elastic c. Demand is inelastic Od. Demand is elastic QUESTION...
QUESTION 40 All of these could be sources of economies of scale except O a. Discounts on bulk purchase of inputs b. Investment in more efficient technology c. Specialization d. A bottleneck procedure Click Save and Submit to save and submit. Click Save All Answers to
QUESTION 31 2.5 poin All of these could be sources of economies of scale except a. A bottleneck procedure b. Investment in more efficient technology O c. Discounts on bulk purchase of inputs d. Specialization QUESTION 32 2.5 point: Assumptions that underlie the Resource-based View include a Resource heterogeneity O b. Resource immobility Oo. Barriers to entry O d. Both a and b
QUESTION 38 All these are characteristics of a monopoly except, O a. Controls a large share of the market b. There is one seller of the product Oc Controls a small share of the market d. Has few substitutes QUESTION 39 A rising average cost implies that a marginal cost is equal to average cost b. marginal cost is above average cost C. marginal cost is below average cost d. none of the above QUESTION 40 If long run average...
- 0061 362 370 380 395 120 130 140 QUESTION 29 15 Firms have a competitive advantage when a. They can deliver the same product benefits as their competitors but at a lower cost b. They can deliver superior product at a similar cost c. Both of the above d. None of the above QUESTION 30 A price elasticity of demand of -0.67 implies a. Demand is elastic O b. Demand is inelastic c. Demand is unitary elastic d. Demand...
pls answer all
QUESTION 27 A risk premium is a the difference between the earnings of a low risk asset and a high risk asset b. premium paid to a security holder to compensate him for bearing a higher risk c. both A&B d. none of the above QUESTION 28 How does an increase in the price of laptop memory chips affect the market of laptops? a. The supply curve for laptops shifts to the left b. The demand curve...
Question Completion Status: QUESTION 31 An efficient scale of the firm is the quantity of output that maximizes marginal product • maximizes profit minimizes average total cost • minimizes average variable cost QUESTION 32 If marginal cost is rising - average variable cost must be falling average fixed cost must be rising marginal product must be falling • marginal product must be rising QUESTION 33 Diminishing marginal product suggests that additional units of output beccome less costly as more output...
QUESTION 30 In the 1O perspective it is important to enter an industry with Oa High supplier power Ob. Low threat from substitutes Oc. Low levels of rivalry between firms O d. Only B & C QUESTION 31 Diminishing marginal productivity implies Oa increasing marginal costs b. decreasing total costs e decreasing marginal costs d. decreasing average costs QUESTION 32 Firms have a competitive advantage when O a They can deliver the same product benefits as their competitors but at...
QUESTION 5 A compensating wage differential is a the difference between the wage of an individual working in favorable conditions and the wage of an individual working in unfavorable condition b.compensation paid to an individual for working in a less desirable environment c. premium paid to a security holder to compensate him for bearing a higher risk d. Only A&B QUESTION 6 Decreasing average cost implies that a marginal cost is above average cost b, marginal cost is below average...
QUESTION 14 A rational, optimizing, self-interested consumer would consume a good up to the point where a the consumer surplus from the last unit is positive b. the consumer surplus from the last unit is negative c. the consumer surplus from the last unit is zero od none of the above QUESTION 15 A price elasticity of demand of -0.67 implies a Demand is perfectly elastic b. Demand is unitary elastic c. Demand is inelastic Od. Demand is elastic QUESTION...
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