Diseconomies of scale Study guides, Class notes & Summaries
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American Military University ECON 201 ECON201 FINAL EXAM
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American Military University ECON 201 ECON201 FINAL 
EXAM 
Question 1 of 29 
One defining characteristic of pure monopoly is that: 
• 
A. The monopolist is a price taker 
• 
B. The monopolist uses advertising 
• 
C. The monopolist produces a product with no close substitutes 
• 
D. There is relatively easy entry into the industry, but exit is difficult 
Question 2 of 29 
Which is a barrier to entry? 
• 
A. Close substitutes 
• 
B. Diseconomies of scale 
• 
C. Government licensing ...
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American Military University ECON 201 ECON201 FINAL EXAM
- Exam (elaborations) • 16 pages • 2024
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American Military University ECON 201 ECON201 FINAL 
EXAM 
Question 1 of 29 
One defining characteristic of pure monopoly is that: 
• 
A. The monopolist is a price taker 
• 
B. The monopolist uses advertising 
• 
C. The monopolist produces a product with no close substitutes 
• 
D. There is relatively easy entry into the industry, but exit is difficult 
Question 2 of 29 
Which is a barrier to entry? 
• 
A. Close substitutes 
• 
B. Diseconomies of scale 
• 
C. Government licensing ...
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Final Exam - NUR2063 / NUR2063 (Latest MAY 2023) : Essentials of Pathophysiology - Rasmussen
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Final Exam - NUR2063 / NUR2063 
(Latest MAY 2023) : Essentials of 
Pathophysiology - Rasmussen 
Economics - Lecture notes 16 
Economics (University of Nairobi) 
 
lOMoAR cPSD| 
ECONOMICS 
PART 1 
CPA SECTION 2 
CCP SECTION 2 
CIFA SECTION 2 
CS SECTION 2 
STUDY TEXT 
GENERAL OBJECTIVES 
Page 2 
ECONOMICS 
lOMoAR cPSD| 
This paper is intended to equip the candidate with knowledge, skills and attitudes that will enable 
him/her to apply the fundamental principles of economics in decisio...
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MGSC Exam 2 Questions And Answers 100% Verified 2024/2025
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MGSC Exam 2 Questions And Answers 
100% Verified 2024/2025 
which of the following is considered a "pure" production planning strategy: 
variable work-force, stable work hours 
lag demand 
level playing field 
stable workforce, stable work hours 
product warehouse - answerstable workforce, stable work hours 
Matching the production rate to the order rate by hiring and laying off employees as the order 
rate varies is which of the following pure production planning strategies? 
stable work forc...
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AQA A Level Business Unit 4 Key Terms 100% Correct
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AQA A Level Business Unit 4 Key Terms 100% Correct Operations management the process that uses the resources of an organisation to provide the right goods or services for the customer. 
Operational objectives Specific, focused targets of the operations management function within an organisation. 
Unit cost The cost of producing one unit of output. it is calculated by the formula: unit cost = total cost / units of output 
Quality Those features of a product or service that allow it to satisfy (or...
Too much month left at the end of the money?
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American Military University - ECON 201 / ECON201 Final Exam
- Exam (elaborations) • 16 pages • 2022
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Question 1 of 29 
One defining characteristic of pure monopoly is that: 
 
 
• 
 
A.	The monopolist is a price taker 
 
• 
 
B.	The monopolist uses advertising 
 
 
•	 
 
C.	The monopolist produces a product with no close substitutes 
 
• 
 
D.	There is relatively easy entry into the industry, but exit is difficult 
 
 
 
Question 2 of 29 
Which is a barrier to entry? 
 
 
• 
 
A.	Close substitutes 
 
• 
 
B.	Diseconomies of scale 
 
 
•	 
 
 
C.	Government licensing 
 
• 
 
D.	...
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AQA GCSE ECONOMICS 8136/1 Paper 1 How Markets Work Mark scheme 2023
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C – Where quantity supplied equals 
quantity demanded 06 D – In those with long training periods 
 
02 
A – A decrease in demand for the 
product 07 A – A high amount of spare capacity 
 
03 D – technical economies of scale. 08 B – –0.8 
 
04 B – A leisure centre 09 A – Books and tablet computers 
 
05 B – Raw materials 10 B – 50 tonnes 
State two different examples of the factor of production known as land. 2 
 
AO1 = 2 
1 mark for each correct example (max 2) 
Possible an...
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mgsc 395 exam 2 | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
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capacity 
: maximum rate of output of a process or a system 
capacity management consists of: 
: capacity planning 
constraint management 
capacity planning 
: long term 
econonomies/diseconomies of scale 
capacity timing and sizing strategies 
systematic approach 
constraint management 
: short term 
TOC 
2 | P a g e 
identification/mgmt of bottlenecks 
product mix decisions using bottlenecks 
managing constraints in a line process 
output measures of capacity 
: high volume, standardized proc...
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ECON 251 Exam 2 Purdue Latest Version 100% Pass
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ECON 251 Exam 2 Purdue Latest Version 100% Pass Budget Lines Line describing the limits to consumtion possibilities 
Budget line equation Income= (price of good x)(quantity of good x) + (price of good y)(quantity of good y) 
Utility Unit of happiness 
Marginal utility Additional utility of one more unit 
Marginal utility equation (Change in utility)/(change in quantity) 
Consumer equilibrium Maximizes utility 
Consumer equilibrium equation (Mu of x)/(P of x= (Mu of y)/(P of y) (big chart w q, u,...
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ECN 212 FINAL EXAM 100% CORRECT
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1	of 50 
Which of the following is closest to a perfectly competitive market? The pizza market 
 The market for breakfast cereal 
 The market for corn 
 The market for automobiles 
 
Question 
2	of 50 
Which of the following statements is correct? 
 The demand curve of the perfectly competitive industry is elastic, as are the demand curves that face the individual firms. 
 The market demand curve of perfect competition is inelastic because the individual consumers ...
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