Homework Answers
The above statement is True.
This is because , a reason for economies of scale is the specialization of labor and of machinery. Therefore , to increase productivity labor must attain the art of using and working with machinery as well as their own working members.
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14 True or False: A reason economies of scale exists is due to: Workers are required...
Suppose there exists external economies of scale in an industry located in country X. If country...
Suppose there exists external economies of scale in an industry located in country X. If country X moves from free trade to autarky, it necessarily loses welfare. Explain in detail, using any relevant diagrams, whether the above statement is true, false or uncertain.
Question 17 Which of the following is NOT a reason why a firm may experience economies of scale? O productive specia...
Question 17 Which of the following is NOT a reason why a firm may experience economies of scale? O productive specialization o dimensional factors O improved productive equipment o increased layers of management
True False-Ambiguous and Explain why 4. The data demonstrate economies of scale and the law of...
True False-Ambiguous and Explain why 4. The data demonstrate economies of scale and the law of diminishing returns. L Q 0 0 3 100 5 200 6 300 8 400 12 500
1/ Economies of scale can be achieved by using facilities more intensively. True or False 2/...
1/ Economies of scale can be achieved by using facilities more intensively. True or False 2/ A fixed cost may include all of the following except: Depreciation. Sales commission expense. Rent for the warehouse. Annual salary of the CEO.
5 points QUESTION 11 Trade has no effect on the distribution of incomes within countries in trade relations. True False 5 points QUESTION 12 Internal economies of scale form the basis for internationa...
5 points QUESTION 11 Trade has no effect on the distribution of incomes within countries in trade relations. True False 5 points QUESTION 12 Internal economies of scale form the basis for international trade. True False 5 points QUESTION 13 Economies of scale give rise to international trade True False 5 points QUESTION 14 Preferential trade agreements are welfare improving if they lead to trade diversion. True False 5 points QUESTION 15 GATT is a more formal organization with larger...
c. There exists a piecewise continuous and exponential order function that L[f(t)] = 3. True False Reason c. There exists a piecewise continuous and exponential order function that L[f(t)] = 3....
c. There exists a piecewise continuous and exponential order function that L[f(t)] = 3. True False Reason
c. There exists a piecewise continuous and exponential order function that L[f(t)] = 3. True False Reason
4. (8 points) True or false? Give a reason if true and a counterexample if false....
4. (8 points) True or false? Give a reason if true and a counterexample if false. [ 1] [ 1 3 2007 a) The vector -1 is in the Columnspaceof 0 1 -5 1 0 10 | 2 0 0 3 1 (b) Let A be a 4 x 6 matrix, then the nullspace of A may have only one vector. (c) The product of two rank 1 matrices (assuming the product exists) is also rank 1. Let A be...
Question 1 McDonalds buying a beef farm is an example of Horizontal integration Economies of scale...
Question 1 McDonalds buying a beef farm is an example of Horizontal integration Economies of scale Vertical integration Economies of scope ---- Question 2 Firms sometimes experience diseconomies of scale when they grow too large. Which of the following can cause diseconomies of scale? Please select all that apply. Specialised resources spread too thin Lower wages and unionisation Communication difficulties in large organisations Increase in capital for workers to use ---- Question 3 Traditional economics assumes firms are a coalition...
MACT 2141 Problem 6. (5 pts each) True or False (Cirele one and state your reason a. If J(t) is a solution of the DE:'+( tA 2019 4y5, then so is the function Reason: True False f and g be two fun...
MACT 2141 Problem 6. (5 pts each) True or False (Cirele one and state your reason a. If J(t) is a solution of the DE:'+( tA 2019 4y5, then so is the function Reason: True False f and g be two functions, such that F(s) Lf ()) and G(s) Lig()) are defined on (0, oo). If f(t) S g(t) for all t 2 0, then F(s) S G(s) for all s >0. True False Reason: c. There exists a piecewise...
Which of the following statements is FALSE regarding reasons for economies of scale? a Complexity increases...
Which of the following statements is FALSE regarding reasons for economies of scale? a Complexity increases costs b Fixed costs are spread over more units, reducing the fixed cost per unit c Construction costs increase at a decreasing rate with respect to the size of the facility to be built d Processing costs decrease as output rate increases because operations become more standardized, which reduces unit costs
Question 17 Which of the following is NOT a reason why a firm may experience economies of scale? O productive specialization o dimensional factors O improved productive equipment o increased layers of management
True False-Ambiguous and Explain why 4. The data demonstrate economies of scale and the law of diminishing returns. L Q 0 0 3 100 5 200 6 300 8 400 12 500
c. There exists a piecewise continuous and exponential order function that L[f(t)] = 3. True False Reason
c. There exists a piecewise continuous and exponential order function that L[f(t)] = 3. True False Reason
4. (8 points) True or false? Give a reason if true and a counterexample if false. [ 1] [ 1 3 2007 a) The vector -1 is in the Columnspaceof 0 1 -5 1 0 10 | 2 0 0 3 1 (b) Let A be a 4 x 6 matrix, then the nullspace of A may have only one vector. (c) The product of two rank 1 matrices (assuming the product exists) is also rank 1. Let A be...
MACT 2141 Problem 6. (5 pts each) True or False (Cirele one and state your reason a. If J(t) is a solution of the DE:'+( tA 2019 4y5, then so is the function Reason: True False f and g be two functions, such that F(s) Lf ()) and G(s) Lig()) are defined on (0, oo). If f(t) S g(t) for all t 2 0, then F(s) S G(s) for all s >0. True False Reason: c. There exists a piecewise...
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