Homework Answers
Answer
Option 2
Economics of scale is where ATC is decreasing and that is from 0
units to 300 units
The constant return to scale is where LRATC is constant and that is
between 300 and 500
Diseconomies of scale are where LRATC is increasing and that is
above 500 units off the output
Add Answer to:
$60 $50 $40 Long-Run Average Total Cost $30 $20 $10 $0 0 100 200 700 800...
$70 $60 $50 $40 Long-Run Average Total Cost $30 Long Run Average Total Cost Necklace Factory...
$70 $60 $50 $40 Long-Run Average Total Cost $30 Long Run Average Total Cost Necklace Factory $20 $10 $0 $0 0 100 200 300 400 500 600 700 800 900 Quantity of Necklaces The above graph shows the long run average total cost for a factory that produces necklaces. Between which of the following quantities does this factory experience economies of scale? 300 necklaces and 500 necklaces 500 necklaces and 900 necklaces 300 necklaces and 900 necklaces O necklaces and...
Costs in the short run versus in the long run Ike’s Bikes is a major manufacturer...
Costs in the short run versus in the long
run
Ike’s Bikes is a major manufacturer of bicycles. Currently, the
company produces bikes using only one factory. However, it is
considering expanding production to two or even three factories.
The following table shows the company’s short-run average total
cost (SRATC) each month for various levels of production if it uses
one, two, or three factories. (Note: Q equals the total quantity of
bikes produced by all factories.)
Number of Factories...
Attempts: Average: /4 5. Costs in the short run versus in the long run Ike's Bikes...
Attempts: Average: /4 5. Costs in the short run versus in the long run Ike's Bikes is a major manufacturer of blcycles. Currently, the company produces bikes using only one factory. However, it is considering expanding production to two or even three factories. The following table shows the company's short-run average total cost (SRATC) each month for various levels of production if it uses one, two, or three factories. (Note: Q equals the total quantity of bikes produced by all...
5. Costs in the short run versus in the long run Ike's Bikes is a major...
5. Costs in the short run versus in the long run Ike's Bikes is a major manufacturer of bicycles. Currently, the company produces bikes using only one factory. However, it is considering expanding production to two or even three factories. The following table shows the company's short-run average total cost (SRATC) each month for various levels of production if it uses one, two, or three factories. (Note: Q equals the total quantity of bikes produced by all factories.) Number of...
5. Costs in the short run versus in the long run Ike’s Bikes is a major...
5. Costs in the short run versus in the long
run
Ike’s Bikes is a major manufacturer of bicycles. Currently, the
company produces bikes using only one factory. However, it is
considering expanding production to two or even three factories.
The following table shows the company’s short-run average total
cost (SRATC) each month for various levels of production if it uses
one, two, or three factories. (Note: Q equals the total quantity of
bikes produced by all factories.)
Suppose Ike’s...
5. Costs in the short run versus in the long run Ike's Bikes is a major...
5. Costs in the short run versus in the long run Ike's Bikes is a major manufacturer of bicycles. Currently, the company produces bikes using only one factory. However, it is considering expanding production to two or even three factories. The following table shows the company's short-run average total cost (SRATC) each month for various levels of production if it uses one, two, or three factories. (Note: Q equals the total quantity of bikes produced by all factories.) Average Total...
Homework (Ch 13) 5. Costs in the short run versus in the long run Ike's Bikes...
Homework (Ch 13) 5. Costs in the short run versus in the long run Ike's Bikes is a major manufacturer of bicycles. Currently, the company produces bikes using only one factory. However, it is considering expanding production to two or even three factories. The following table shows the company'shortcun average total cost (SRATC) each month for various levels of production if it was one, two or the factories. (Note: Q the total quantity of bikes produced by all factories.) uals...
The Costs of Production (Mobile-Enabled) Graded Assignment | Read Chapter 13 | Back to Assignment Due Sunday 05.12.19 at 11:00 PM Average: /4 Attempts: . Costs in the short run versus in the long run...
The Costs of Production (Mobile-Enabled) Graded Assignment | Read Chapter 13 | Back to Assignment Due Sunday 05.12.19 at 11:00 PM Average: /4 Attempts: . Costs in the short run versus in the long run Ike's Bikes is a major manufacturer of bicycles. Currently, the company produces bikes using only one factory. However, it is considering expanding production to two or even three factories. The following table shows the company's short-run average total cost (SRATC) each month for various levels...
4. Costs in the short run versus in the long run Ike’s Bikes is a major...
4. Costs in the short run versus in the long run Ike’s Bikes is a major manufacturer of bicycles. Currently, the company produces bikes using only one factory. However, it is considering expanding production to two or even three factories. The following table shows the company’s short-run average total cost (SRATC) each month for various levels of production if it uses one, two, or three factories. (Note: Q equals the total quantity of bikes produced by all factories.) Number of...
Marginal Cost Average Variable Cost Average Total Cost Quantity of Exercise Machines 1 2 3 4...
Marginal Cost Average Variable Cost Average Total Cost Quantity of Exercise Machines 1 2 3 4 5 6 7 8 9 10 $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 $1,800 $2,000 $200 $300 $400 $500 $600 $700 $800 $900 $1000 $1100 $1200 $800 $733.33 $750 $800 $866.67 $942.86 $1025 $1111.11 $1200 The above table shows the costs of a small manufacturer producing different quantities of exercise machines. If the exercise machine market is perfectly competitive and exercise machines cost...
$70 $60 $50 $40 Long-Run Average Total Cost $30 Long Run Average Total Cost Necklace Factory $20 $10 $0 $0 0 100 200 300 400 500 600 700 800 900 Quantity of Necklaces The above graph shows the long run average total cost for a factory that produces necklaces. Between which of the following quantities does this factory experience economies of scale? 300 necklaces and 500 necklaces 500 necklaces and 900 necklaces 300 necklaces and 900 necklaces O necklaces and...
Costs in the short run versus in the long
run
Ike’s Bikes is a major manufacturer of bicycles. Currently, the
company produces bikes using only one factory. However, it is
considering expanding production to two or even three factories.
The following table shows the company’s short-run average total
cost (SRATC) each month for various levels of production if it uses
one, two, or three factories. (Note: Q equals the total quantity of
bikes produced by all factories.)
Number of Factories...
Attempts: Average: /4 5. Costs in the short run versus in the long run Ike's Bikes is a major manufacturer of blcycles. Currently, the company produces bikes using only one factory. However, it is considering expanding production to two or even three factories. The following table shows the company's short-run average total cost (SRATC) each month for various levels of production if it uses one, two, or three factories. (Note: Q equals the total quantity of bikes produced by all...
5. Costs in the short run versus in the long run Ike's Bikes is a major manufacturer of bicycles. Currently, the company produces bikes using only one factory. However, it is considering expanding production to two or even three factories. The following table shows the company's short-run average total cost (SRATC) each month for various levels of production if it uses one, two, or three factories. (Note: Q equals the total quantity of bikes produced by all factories.) Number of...
5. Costs in the short run versus in the long
run
Ike’s Bikes is a major manufacturer of bicycles. Currently, the
company produces bikes using only one factory. However, it is
considering expanding production to two or even three factories.
The following table shows the company’s short-run average total
cost (SRATC) each month for various levels of production if it uses
one, two, or three factories. (Note: Q equals the total quantity of
bikes produced by all factories.)
Suppose Ike’s...
5. Costs in the short run versus in the long run Ike's Bikes is a major manufacturer of bicycles. Currently, the company produces bikes using only one factory. However, it is considering expanding production to two or even three factories. The following table shows the company's short-run average total cost (SRATC) each month for various levels of production if it uses one, two, or three factories. (Note: Q equals the total quantity of bikes produced by all factories.) Average Total...
Homework (Ch 13) 5. Costs in the short run versus in the long run Ike's Bikes is a major manufacturer of bicycles. Currently, the company produces bikes using only one factory. However, it is considering expanding production to two or even three factories. The following table shows the company'shortcun average total cost (SRATC) each month for various levels of production if it was one, two or the factories. (Note: Q the total quantity of bikes produced by all factories.) uals...
The Costs of Production (Mobile-Enabled) Graded Assignment | Read Chapter 13 | Back to Assignment Due Sunday 05.12.19 at 11:00 PM Average: /4 Attempts: . Costs in the short run versus in the long run Ike's Bikes is a major manufacturer of bicycles. Currently, the company produces bikes using only one factory. However, it is considering expanding production to two or even three factories. The following table shows the company's short-run average total cost (SRATC) each month for various levels...
Marginal Cost Average Variable Cost Average Total Cost Quantity of Exercise Machines 1 2 3 4 5 6 7 8 9 10 $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 $1,800 $2,000 $200 $300 $400 $500 $600 $700 $800 $900 $1000 $1100 $1200 $800 $733.33 $750 $800 $866.67 $942.86 $1025 $1111.11 $1200 The above table shows the costs of a small manufacturer producing different quantities of exercise machines. If the exercise machine market is perfectly competitive and exercise machines cost...
Most questions answered within 3 hours.
-
lease solve all the
questions, don't need to explanations
Q1 - All animal
species have general...
asked 1 hour ago -
Business Phasing
1.Discuss the logical progression for growing a business, which
starts from the initial idea...
asked 1 hour ago -
Modify
When executing on the command line having only
this program name, the program will accept...
asked 2 hours ago -
Kenny Electric Company's noncallable bonds were issued several
years ago and now have 20 years to...
asked 3 hours ago -
find H(e^Jtheta) at theta= 0, pi/10, pi/20, pi/2 for
the following:
a) H(e^Jtheta)= 1+e^Jtheta
b) H(e^Jtheta)=...
asked 3 hours ago -
Home Corporation will open a new store on January 1. Based on
experience from its other...
asked 3 hours ago -
In a neoclassical model, use the IS-LM to analyze the effect of
a permanent money supply...
asked 4 hours ago -
An electron passes through a point 2.67 cm from a long straight
wire as it moves...
asked 5 hours ago -
A grammar is a 4-tuple G, G = (Ν, Σ, Π, Σ, S) where, Ν is...
asked 5 hours ago -
In this part, calculate the present values. Use the Excel PV
function to compute the present...
asked 5 hours ago -
Part 1. Primitive Types, Sorting, Recursion for
Homework.java
a) Implement the static method initializeArray that receives...
asked 6 hours ago -
Using C++, build a sorter that can rank a sequence of numbers in
a descending order....
asked 6 hours ago