Economies and Diseconomies of Scale Explain
Volume 8 Issue 1-2 Editorial. 4 marks b Identify FOUR diseconomies of scale the company might experience. Diseconomies Of Scale Definition A List FOUR internal economies of scale the company might experience. . TF As firms transition from economies of scale to constant returns to scale they reach the minimum level of output necessary to achieve the lowest possible long-run average total cost the minimum efficiency scale. Suppose the central bank does not respond to changes in output but only to changes in inflation so that theta_Y0. Look at the coefficient on lagged inflation b. Explain the concept of cost and discuss various types of costs. However the drive to invest in lower operating costs may have some negative repercussion on freight rates. But after a certain level of output average costs must rise due to growing managerial inefficiencies and marketing difficulties. So you are buying a fixed asset a