Economies and dis-economies of scale are demonstrated

Assignment Help Business Economics

Reference no: EM131074908

Economies and dis-economies of scale are demonstrated by the slope of the long-run average cost curve. Discuss the causes of economies and dis-economies of scale and diagram the appropriate areas on a long-run (with appropriate short-run) cost curve.

Reference no: EM131074908

Questions Cloud

What is denormalization : Explain how attributes are transformed into columns. What column properties do you take into account when making the transformations? The attributes become the columns of the relation and the identifier of the entity becomes the primary key of the r..

I need to write the summary : I need to write the summary, around 330 words from the newspaper, this is the link http://www.nytimes.com/2015/05/14/nyregion/officer-shoots-man-in-midtown-manhattan.html?ref=topics

Compare the responsibilities of local and state governments : Compare and contrast the responsibilities of local, state, and federal governments under the National Response Framework. Use specific examples to illustrate the responsibilities of the different levels of government.

Find the speed of the train : A train leaving town X for town Y at dawn is to arrive at its destination 300km away, traveling at 72km/hr, find the speed of the train in m/s

Economies and dis-economies of scale are demonstrated : Economies and dis-economies of scale are demonstrated by the slope of the long-run average cost curve. Discuss the causes of economies and dis-economies of scale and diagram the appropriate areas on a long-run (with appropriate short-run) cost curve.

Demonstrate the equilibrium solution for the monopsonist : A monopsony firm will not pay as much for factors of production as will a firm in a competitive market for inputs. Graphically, demonstrate the equilibrium solution for the monopsonist and explain why this is different than the competitive solution.

What is optimal allocation of steel between the two plants : Enpar manufactures engine parts for an automotive manufacturer. It operates two plants, A and B, which have the following production functions: QA = 30SA – 0.25SA2 and QB = 40SB – 0.5SB2, where QA and QB denote the outputs of engine parts from each p..

Bank developed model for predicting the average checking : A bank developed a model for predicting the average checking and savings account balance as balance = -17,732 + 367 X age + 1,300 X years education + 0.116 X household wealth. Explain how to interpret the numbers in this model.

Why japan changing in late tokugawa and early meiji periods : What do you think Fukuzawa's autobiography reveals about how and why Japan was changing in the late Tokugawa and early Meiji periods? Support your argument with specific examples from the text.

User Account

All Pages