Increasing returns-output of the business results

Assignment Help Business Economics

Reference no: EM13838081

1. There are increasing returns to size whenever increasing the output of the business results in:

a larger average cost per unit of output

a smaller average cost per unit of output

the same average cost per unit of output

increased total profit

2. At the output level where MC is just equal to ATC:

ATC is increasing

ATC is decreasing

ATC could be either increasing or decreasing

ATC is at its minimum value

Reference no: EM13838081

Questions Cloud

Next two days this item is requested more than once : In an inventory analysis it was concluded that, on the average, demands for a certain item were made 2 times per day. What is the probability that on the next 2 days this item is requested more than once?

Determine or influence the recommendation for action : Which theory or theories are being used by Jessica, Marco, Maria, and Dr. Wilson to determine the moral status of the fetus? Explain - How does the theory determine or influence each of their recommendation for action?

Find the total revenue function-marginal revenue function : The demand curve is determined to be: Q=526-2P. Find the total revenue function. Find the marginal revenue function. Graph the total revenue and marginal functions.

Increasing returns-output of the business results : There are increasing returns to size whenever increasing the output of the business results in: At the output level where MC is just equal to ATC:

Should juanita attempt to reduce voluntary : Should Juanita attempt to reduce voluntary and involuntary turnover? A risk of disciplining employees is that some may retaliate. To avoid that risk, what organizational policies might encourage high-performing employees to stay while encouraging low..

Solar panels has production function : Steve and Sons Solar Panels has a production function represented by Q=4KL, where the MP=4K and the MP=4L. The current wage rate(W) is $8 per hour, and the rental rate on capital is $10 per hour. In the short run, the plant's capital stock is fixed a..

State the legal reasons or rationale for the court''s conclus : Task 1: Case Analysis Log into WestlawNext and use the default search box feature to locate this court opinion (737 F.2d 784). Provide the Bluebook citation, and then (in your own words) identify the legal issue in the case, state the court's conclu..

What is the point estimation for the mean of the population : A New York restaurant would like to estimate the average amount customers spend for dinner. A sample of size 49 customers resulted an average of $32.60. Assume the population standard deviation is $5.a. What is the point estimation for the mean of th..

User Account

All Pages