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davenport econ625 week 2 quiz

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Question;?;Which of the following is a characteristic of economies of scale?;?;Question 2;3.5 out of 3.5 points;What is the minimum efficient scale (MES) of production?;?;Question 3;3.5 out of 3.5 points;Which of the following best describes economies of scope?;?;Question 4;3.5 out of 3.5 points;Which of the following is not a major source of scale or scope;economy?;?;Question 5;3.5 out of 3.5 points;Which of the following is not a product specific fixed cost?;?;Question 6;3.5 out of 3.5 points;What kind of economies come from reductions in cost due to adoption of;technology that has high fixed costs, but lower variable costs?;?;Question 7;3.5 out of 3.5 points;What are economies of density as referred to in the airline industry?;Response Feedback:..;?;Question 8;3.5 out of 3.5 points;Which of the following does not benefit from the;cube-square rule?s contribution to economies of scale?;?;Question 9;3.5 out of 3.5 points;Which of the following is not a reason a supplier might seek to sell;in bulk?;?;Question 10;3.5 out of 3.5 points;What is the approximate observed median learning curve slope for;typical firms?

 

Paper#57553 | Written in 18-Jul-2015

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