0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Economies of scope cannot exist in?
...a single-product firm!
What is 'value of a firm'?
The 'value of a firm' is connected with profit maximization. It is the present value of the firm's current profit and the future profit. It determines the value accurately.
Why would a firm raise the price of a product after a producer determines that the demand for one of its products is inelastic?
The firm would raise the price because the firm's total revenues would probably increase.
Why do firms want to know their average total cost?
Average total cost determines how much profit or loss a firm will make at a certain output and price. It also determines is a firm should shut down, temporarily stopping production (not covering variable costs) but keeping the business (covering fixed costs), or if it should exit the market (not covering variable or fixed costs).
What importance are average cost and marginal cost in economic analysis?
Average cost: determines the accounting profit maximisation and minimal point where the firm can remain profitable. Marginal cost: determines economic profit maximisation and minimal 'shut-down' point where the firm should still operate, even if at an accounting loss. Note: Average cost (AC) and marginal cost (MC) are related. The rate of change of AC is always positive when MC is positive.
Economies of scope cannot exist in?
...a single-product firm!
What is 'value of a firm'?
The 'value of a firm' is connected with profit maximization. It is the present value of the firm's current profit and the future profit. It determines the value accurately.
What is a firm's value?
The 'value of a firm' is connected with profit maximization. It is the present value of the firm's current profit and the future profit. It determines the value accurately.
What is price leadership by low cost firm?
Price leadership by low cost firm is what results when a firm determines the prices of services and goods within its sector.
Why would a firm raise the price of a product after a producer determines that the demand for one of its products is inelastic?
The firm would raise the price because the firm's total revenues would probably increase.
Why should the shareholder of a firm care about maximizing a value of a firm?
the value of a firm determines their wealth.if the value of a firm,which is the market price per share of the total number of shares issued,is increased,invariably the shareholders' return is increased..by John I Agwu
What are the guidelines in writing scope and limitations?
first you write scope but make sure that "S" in scope is in capital form and also in limitation make sure also that the letter "L" in also capital form... and thats how to Scope and Limitation in your thesis...
Why do firms want to know their average total cost?
Average total cost determines how much profit or loss a firm will make at a certain output and price. It also determines is a firm should shut down, temporarily stopping production (not covering variable costs) but keeping the business (covering fixed costs), or if it should exit the market (not covering variable or fixed costs).
What determines the scope of practice for your chosen career?
If you mean education, it would depend on the amount of knowledge you would need to know and the requirements that the state and national standards require.
What is Scope of Management?
Management has a huge scope in today's era and there is always need for efficient and successful mangers in each and every organization. Every department or firm needs a person with a sufficient know-how of his field with an extra skill of effective management to smoothly run the affairs of the company.
What is the difference between 6-24 x 44 and 8-32 x 44 when dealing with a rifle scope?
The numbers represent the power of magnification and the size of the objective (front) lens in milimeters. 6-24 means the scope has a variable pawer adjustable from 6 to 24 times magnification. The size of the lens determines how much light the scope gathers and the field of view.
What is the noscope song lyrics?
He got a no scope he didnt scope his gun no no, no scope was involved He got a no scope and now hes killed someone their dead he shot him in the head He got a no scope what a wondrous feat what a marvelous kill i concede What do you get when you get real stressed quickly pull the trigger and hope for the best call them a noob and hump their chest I think you just got a no scope And where did your daddy go He abandoned you when you were only seven years old And living on the streets is cold you beg for food and money You beg for food and love You beg for food and care again No no no no no no no no no no Scope scope scope scope scope scope scope scope scope scope No no no no no no no no no no Scope scope scope scope scope scope scope scope scope scope He got a no,no,no scope
