Discuss the sources of economies of scale

Assignment Help Other Subject

Reference no: EM132498650

Question: In this discussion, we will focus on production and cost in both the short run and the long run. We have seen how a firm produces a given level of output with a minimum cost or maximizes output given a certain level of cost. Firms also lower costs by changing their scale or producing different combinations of products. Choose two companies in the same industry, one large and one small. Why might the smaller company charge more for a similar product sold by the larger company? Discuss the sources of economies of scale, expansion opportunities and any boundary's which might exist in your response.

Reference no: EM132498650

Questions Cloud

What reliable predictors of economic and financial crises : What are reliable predictors of economic and financial crises? Describe some achievements and pending issues in context of a global crisis.

Successive phases of economic activity in the great west : Examine the successive phases of economic activity in the Great West: mining, cattle raising, agriculture. Show how in each case an early "little person

Why does frederick douglass withhold the names : Why does Frederick Douglass withhold the names of the slave masters and the white people that abused him despite writing this narrative

When the customer takes advantage of a sales discount : Which of the following does not correctly describe the collection of $586 cash when the customer takes advantage of a sales discount?

Discuss the sources of economies of scale : In this discussion, we will focus on production and cost in both the short run and the long run. We have seen how a firm produces a given level of output with.

Describe health insurance and emergency health services : Describe in your own words the differences between the following in the United States and China: Health Insurance, Government Role in Health Services.

What was the net amount of receivables : What was the net amount of receivables included in the current assets at the end of the year, before any provision was made for doubtful accounts?

What is the gain or loss from the december : $5.24 million and its accumulated depreciation equaled $4.32 million on December 31, 2019. What is the gain or loss from the December 31, 2019 equipment sale?

Explain the major political problems that america faced : Explain the major political problems that America faced during the 1970s and 1980s?

User Account

All Pages