Create a presentation slides or graphic with description

Reference no: EM131236721

Below are the list of 12 key terms provided. Create a presentation slide(s) or graphic with a description – including a real world example – that could be used to describe the term to someone unfamiliar with the idea or concept.

Diminishing marginal returns

Average total cost (ATC)

Marginal cost (MC)

Operating leverage

Short run

Operating period

Long run or planning period

Economies of scale

Diseconomies of scale

Constant returns to scale

Economies of scope

Experience or learning curve

Reference no: EM131236721

Questions Cloud

Business owner wants to increase his/her business revenue : If a business owner wants to increase his/her business revenue what should he/she do with the price of the goods he is selling:

What is the market equilibrium quantity : The US market of rice is described by the following domestic supply and demand equations: QdUS = 200 – 2 P , QsUS = -100 + 3 P where QdUS and QsUS represent the quantities demanded and supplied (in millions of tons) and P is the price per ton of rice..

What could market price be in order to induce five sellers : In the market for used cars we have 10 sellers, willing to sell at the prices of $1000, $2000, $3000, $4000, $5000, $6000, $7000, $8000, $9000, $10000. What could the market price be in order to induce five sellers to offer their cars for sale?

How to calculate the dollar benefits or consumer surplus : A new bridge is built, and a person now makes 35 trips per month to the center of the town rather than his or her former 25 trips per month. The time cost of the trip plus wear and tear on the person's auto declines from $4.75 before the bridge to $3..

Create a presentation slides or graphic with description : Below are the list of 12 key terms provided. Create a presentation slide(s) or graphic with a description – including a real world example – that could be used to describe the term to someone unfamiliar with the idea or concept.

How the events in news clip influence market for tomatoes : Frigid Florida Winter is Bad News for Tomato b Lovers An unusually cold January in Florida destroyed entire fields of tomatoes and forced many farmers to delay their harvest. Florida’s growers are shipping only a quarter of their usual 5 million poun..

Key strenghts and weaknesses of national healthcare system : Why has universal national healthcare never become a reality in the United States, and what do you believe are the key strenghts and weaknesses of a national healthcare system when compared to the healthcare system we have today ?

What other variables might he add to his demand equation : What fraction of the total variation in the quantity demanded of good Y remains unexplained? What can the student do to increase the explanatory power of his demand equation? What other variables might he add to his demand equation?

Average consumer income in thousands of dollars : An MBA student has proposed the following demand equation for good Y. QdY = a + b PY + c M where: QdY = quantity demanded of good Y in millions of tons per year PY = Price of good Y in dollars per ton M = Average consumer income in thousands of dolla..

User Account

All Pages