Same fixed costs on their enterprise budgets

Assignment Help Business Economics
Reference no: EM131377276

Would you expect two farms of widely different size to have the same fixed costs on their enterprise budgets for the same enterprise? Might economies or diseconomies of size explain any differences?

Reference no: EM131377276

Questions Cloud

The monopoly supply curve : The monopoly's supply curve
Could prevent new firms from entering market : Which of the following does not provide an example of something that could prevent new firms from entering a market?
Short run cost curves of a representative firm : Show how a fixedsubsidy (a fixed amount $Sto all firms regardless of output regardless of output) paid by firms in a perfectly competitive industry will affect the short run cost curves of a representative firm and the industry short run supply curve..
Pushes actual gdp up to full employment : Phillip’s Curve: For each of the following draw an AD/AS diagram and a corresponding Phillip’s curve assuming the following: Show in both diagrams the effect of an increase in government purchases that pushes actual GDP up to full employment. Again a..
Same fixed costs on their enterprise budgets : Would you expect two farms of widely different size to have the same fixed costs on their enterprise budgets for the same enterprise? Might economies or diseconomies of size explain any differences?
Slope and position of long-run aggregate supply curve : The slope and position of the long-run aggregate supply curve Suppose the Fed doubles the growth rate of the quantity of money in the economy. In the long run, the increase in money growth will change which of the following? Check all that apply. For..
Concerns regarding managing business enterprises relative : Modern managers in today's business world have many more issues and concerns regarding managing business enterprises relative to before the advent of globalization. What would be the effect on the U.S. dollar-euro (i.e. U.S. dollars per euro, or $/€)..
Perform test of significance using alpha : The newspaper says, on average, people drink A cups of water everyday. You don't believe the number and go out collecting a random sample of 36 people. The average is 3.8 cups. Assume sigma = 2. Perform a test of significance using alpha = 0.05.
Adaptive expectations and rational expectation : If the equation for a country's Phillips curve is p = 0.02 – 0.7(u – 0.055), where p is the rate of inflation and u is the unemployment rate, what is the short-run inflation rate when unemployment is 5.8 percent (0.058)? Describe the difference in as..

Reviews

Write a Review

Business Economics Questions & Answers

  The inverse demand function for good

The demand for Good X is given by Qx = 4000-Px-2Py+4Pz +0.2M where Py is the price of good Y, Pz is the price of good Z, and M is income, if Py =$800, Pz = $200 and M= $5000 determines the following: The inverse demand function for good X. Whether go..

  Number of boat makers in the long run

What happens to the profits of boat makers in the short run. What happens to the number of boat makers in the long run.

  Enter each country''s final consumption of each good

In the following table, select the amount of each good that each country exports and imports in the boxes across the row marked "Trade Action," and enter each country's final consumption of each good on the line marked "Consumption."When the two coun..

  Demonstrate how those forces can lower profitability

Porter’s five forces of competition are as follows. Give an example of an industry where profitability is low (besides the airline industry). Apply the 5 forces to your chosen industry and demonstrate how those forces can lower profitability.

  Non-convertible currency

What advantage does a country have if it restricts or does not allow its currency to become “convertible” – this is called a “non-convertible” currency [an example is the Chinese Yuan].

  Calculate the dead-weight loss due to the sales tax

Suppose the market for cigarettes is characterized by the following information: Suppose the government imposes a sales tax of $2 per unit. Calculate the Dead-WeightLoss due to the sales tax.

  Articles regarding the current global economic crisis

Locate two recent articles regarding the current global economic crisis.

  Estimate changes in economic growth and in component share

Annual percentage changes in real GDP (economic growth) and compute the shares in real GDP of consumption, investment, government spending, exports and imports. Estimate changes in economic growth and in the component shares.

  Country continue to afford such deficits indefinitely

Assume that a country’s real growth is 2 percent per year, while its real deficit is rising 5 percent a year. Can the country continue to afford such deficits indefinitely?

  Calculate the price elasticity of demand and interpret

If a 10 percent increase in price decreases the quantity demanded by 12 percent, the price elasticity of demand is. The price of strawberries falls from $1.50 to $1.00 per carton and the quantity demanded goes from 100,000 to 200,000 cartons. Calcula..

  There are 100 producers of toasters half of the producers

there are 100 producers of toasters. half of the producers are low quality i.e. their products will break with

  The case study of wages and productivity

The case study of wages and productivity in the textbook demonstrates that:

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