What is Diminishing Returns to Scale
What is Diminishing Returns to Scale?
Expert
Under this stage, a proportionate increase in each input result only less than proportionate increase within output. It is due to the diseconomies of large scale production. While the firm grows further, the problem of management happen that result inefficiency and this will influence the position of output.
Suppose that the auto market started at the intersection of D0S0, and in that case automakers opened foreign assembly plants after discovering which competent foreign employees worked for minor wages. How would it influence the auto market?: (
Firms may make use of low prices to enter a market and gain market share therefore is can learn the intricacies of a particular product line or business. It is an illustration of: (1) limit pricing. (2) accommodation. (3) learning-by-
Explain the accounting cost concept in brief.
What are the internal factors in governing prices?
What are the types of business cycle?
What are the advantages and disadvantages of survey techniques?
Who is the father of economics and what is wealth definition of economics?
Illustrates the pricing policy and practices?
Cheating on agreements is a common problem along with firms which engage in the formation of: (1) predatory prices. (2) game theory groupings. (3) cartels. (4) pure competition. (5) asymmetric payoffs. Can someone explain/help me w
Explain the forecasting demand for a new product.
18,76,764
1930262 Asked
3,689
Active Tutors
1432072
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!