Do these products exhibit economies returns to scale

Assignment Help Business Economics
Reference no: EM131481048

Question: Digital media distributed over the Internet often have marginal costs of zero. For instance, people can download music and movies instantly through many providers. Do these products exhibit economies, diseconomies, or constant returns to scale?

Reference no: EM131481048

Questions Cloud

Calculate the firm average fixed costs : A pizza business has the cost structure described below. The firm's fixed costs are $25 per day. Calculate the firm's average fixed costs, average variable cost
Calculate average cost of production for various plant sizes : A firm is considering changing its plant size, so it calculates the average cost of production for various plant sizes below.
Effect of balance weights on crank mechanisms : Effect of Balance Weights on Crank Mechanisms
What are similarities and differences between the two models : What are similarities and differences between two models? In your opinion, which model would be most appropriate for evaluation of a portfolio of investments?
Do these products exhibit economies returns to scale : Digital media distributed over the Internet often have marginal costs of zero. For instance, people can download music and movies instantly.
Would you move forward with the new contract with customer : You are sales manager of global corporation that manufactures home furnishing goods-competes in world market. Would you move forward with contract with customer
Did the participant receive any form of sanctioning : Describe the type(s) if behavior that you have observed to be deviant. How would you define this?
What is the marginal cost of the two day pass : Many amusement parks offer two-day passes at dramatically discounted prices. If a one-day pass costs $40 but the two-day pass costs $50.
Why might you have trouble calculating your profits : Suppose that you own a yard care business. You have your own mower, flatbed truck, and other equipment. You are also the primary employee.

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd