Which of the following is a term that can be used to describe why every office is expected to have access to Microsoft O...
Which of the following is a term that can be used to describe why every office is expected to have access to Microsoft Office (Word, Excel, PowerPoint, etc.)?
Group of answer choices
Increasing Returns to Scale
Decreasing Returns to Scale
Constant Returns to Scale
Network Economies of Scale
Homework Answers
The correct option is Network Economies of Scale.
These kind of network economies of scale occur primarily in online businesses.Thus it can be used to describe why every office is expected to have access to Microsoft Office (Word, Excel, PowerPoint, etc.)
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Which of the following is a term that can be used to describe why every office is expected to have access to Microsoft O...
Consider the following production function: q= 4L+K. Which term describe this production function's returns to scale?...
Consider the following production function: q= 4L+K. Which term describe this production function's returns to scale? Select one: a. Constant Returns to Scale b. Increasing Returns to Scale c. Decreasing Returns to Scale
1. Which of the following correctly summarizes the strategy used by firms that employ third-degree price...
1. Which of the following correctly summarizes the strategy used by firms that employ third-degree price discrimination? Group of answer choices a.The firm’s marginal revenue will be lower in the market with the more elastic demand. b.The firm sets the price higher in the market with the more elastic demand. c.The firm sets the price lower in the market with the more inelastic demand. d.The firm’s marginal revenue will be higher in the market with the more elastic demand. e.None...
The table (found in Exercise 7.3 in the textbook) above represents which of the following terms?...
The table (found in Exercise 7.3 in the textbook) above represents which of the following terms? Group of answer choices Increasing Returns to Scale Decreasing Returns to Scale Constant Returns to Scale Network Economies of Scale Undergraduates Total cost ($) 21,062,250 40,414,000 Students 2,750 5,500 8,250 11,000 13,750 16,500 Students 550 1,100 1,650 2,200 2,750 3,300 MC($) 7,259 6,548 5,838 5,125 4,417 3,706 MC($) 6,541 6,821 7,102 7,383 7,664 7,945 AC ($) 7,659 7,348 7,038 6,727 6,417 6,106 AC ($)...
1 Can an enterprise have production function, which exhibits increasing returns to scale, constant returns to...
1 Can an enterprise have production function, which exhibits increasing returns to scale, constant returns to scale and decreasing returns to scale with the increase of output? Discuss
Which term describes a cost that can be spread across many units in order to achieve...
Which term describes a cost that can be spread across many units in order to achieve increasing returns to scale? Group of answer choices Marginal Cost Average Cost Fixed Cost Variable Cost
Can you please help me writing a summary for this paper that is about why Microsoft...
Can you please help me writing a summary for this paper that is
about why Microsoft Excel is bad for statistics?
Thank you !
Microsoft's Excel is the de facto standard for spreadsheet software and is an often indispensable tool for budgeting, financial forecasting and data entry. Like any piece of software, however, Excel isn't perfect. Before you invest in a license, compare the pros and cons to decide whether Excel is right for you. Pro: Data Organization One of...
1. First, you will have to determine what kind of firm you want to be and...
1. First, you will have to determine what kind of firm you want to be and what product you will (hypothetically) produce. 2. Next, you will have to describe the production function of your firm. Naturally production processes are very complex, so you might have to aggregate inputs in 2 categories, capital and labor. These are things you should keep in mind when choosing your specification: a. Does this production process exhibit increasing, decreasing or constant returns to scale? b....
1. [EfTectiveness factor] (a) Consider the following governing equation which can describe the reaction-diffusion inside a porous catalyst with the flat geometry: where C is the concentration of s...
1. [EfTectiveness factor] (a) Consider the following governing equation which can describe the reaction-diffusion inside a porous catalyst with the flat geometry: where C is the concentration of species A, k is the reaction constant, and D is the diffusion coefficient. The corresponding boundary conditions are given by CA = Cas = 1 at x = 0 and = 0 at x = 1 dx The schematic for the domain is illustrated in Fig. I 1-0 CA-CA-1 dC dr Fig....
no explaination is needed 7. Which of the following is not a term used to describe...
no explaination is needed
7. Which of the following is not a term used to describe animal dispersion? a) Long distance b) Uniform c) Random d) Clumped 8. Population growth may be affected by a) predation but not competition. b) competition but not predation. c) competition and predation. d) neither competition nor predation 9. Batesian mimicry is when a) a harmless species imitates a harmful species b) two or more unpalatable species mimic cach other. c) a harmful species imitates...
The Center for Epidemiologic Studies Depression Scale (CES-D) was used to assess depression among 535 African American and Hispanic young males ages 14 to 27 attending a family planning clinic. The as...
The Center for Epidemiologic Studies Depression Scale (CES-D) was used to assess depression among 535 African American and Hispanic young males ages 14 to 27 attending a family planning clinic. The assessment indicated that 119 (22.2%) males met the criteria for depression. The study likewise examined the associations between depression, sociodemographic, and service requests. The study ultimately concluded that depressed males were more likely than nondepressed males to be Hispanic and to request services related to relationships, feelings, financial resources,...
1 Can an enterprise have production function, which exhibits increasing returns to scale, constant returns to scale and decreasing returns to scale with the increase of output? Discuss
Can you please help me writing a summary for this paper that is
about why Microsoft Excel is bad for statistics?
Thank you !
Microsoft's Excel is the de facto standard for spreadsheet software and is an often indispensable tool for budgeting, financial forecasting and data entry. Like any piece of software, however, Excel isn't perfect. Before you invest in a license, compare the pros and cons to decide whether Excel is right for you. Pro: Data Organization One of...
1. First, you will have to determine what kind of firm you want to be and what product you will (hypothetically) produce. 2. Next, you will have to describe the production function of your firm. Naturally production processes are very complex, so you might have to aggregate inputs in 2 categories, capital and labor. These are things you should keep in mind when choosing your specification: a. Does this production process exhibit increasing, decreasing or constant returns to scale? b....
1. [EfTectiveness factor] (a) Consider the following governing equation which can describe the reaction-diffusion inside a porous catalyst with the flat geometry: where C is the concentration of species A, k is the reaction constant, and D is the diffusion coefficient. The corresponding boundary conditions are given by CA = Cas = 1 at x = 0 and = 0 at x = 1 dx The schematic for the domain is illustrated in Fig. I 1-0 CA-CA-1 dC dr Fig....
no explaination is needed
7. Which of the following is not a term used to describe animal dispersion? a) Long distance b) Uniform c) Random d) Clumped 8. Population growth may be affected by a) predation but not competition. b) competition but not predation. c) competition and predation. d) neither competition nor predation 9. Batesian mimicry is when a) a harmless species imitates a harmful species b) two or more unpalatable species mimic cach other. c) a harmful species imitates...
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