Economies of scope mean that doubling output of any one service or package of services will result in less than doubling production costs because of greater efficiencies in using the firm`s resources to produce multiple units of the same service package。( )
举一反三
- Economies of scope mean that doubling output of any one service or package of services will result in less than doubling production costs because of greater efficiencies in using the firm`s resources to produce multiple units of the same service package. A: 对 B: 错
- Suppose an oligarch alone makes the most profit. In calculating profits, if the output effect is greater than the price effect in the marginal unit of production, then the oligarch () A: Have the maximum profit B: should produce more units C: More units should be produced less D: Should be out of the business
- The costs of service department A and service department B need to be reapportioned to the two Production departments using the direct method. The total overhead costs of each department are as follows:Service department A is to be reapportioned to the production centres on the basis of number of employees. Service department B is to be reapportioned on the basis of machine hours.What is the total overhead cost of Production 1 after the reapportionment?<br/>______
- In the long run Firm A incurs total costs of $1,200 when output is 30 units and $1,600 when output is 40 units. Firm A exhibits_________. A: constant returns to scale because average total cost is constant as output rises B: diseconomies of scale because total cost is rising as output rises C: economies of scale because average total cost is falling as output rises D: diseconomies of scale because average total cost is rising as output rises
- If country A has a comparative advantage in producing shoes, then________________________.( ). A: other countries will never produce shoes if trade is allowed B: it can produce shoes at lower opportunity costs than other countries can C: it has more factors of production used in the production of shoes relative to other countries D: it can produce shoes using more resources than other countries can