Why might learning by doing decrease the long-run average cost of production? a. as output increases, the production process begins to exhibit decreasing returns to scale. b. as output increases, firms begin to experience economies of scale. c. as cumulative output increases, engineers gain experiences that decrease costs with increasing defects. d. as cumulative output increases, workers become more adept, and the speed at which they produce increases. e. as cumulative output increases, managers become unable to schedule the production process as efficiently.
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Business, 23.06.2019 02:00, mayalp
Here are the expected cash flows for three projects: cash flows (dollars) project year: 0 1 2 3 4 a β 6,100 + 1,275 + 1,275 + 3,550 0 b β 2,100 0 + 2,100 + 2,550 + 3,550 c β 6,100 + 1,275 + 1,275 + 3,550 + 5,550 a. what is the payback period on each of the projects? b. if you use a cutoff period of 2 years, which projects would you accept?
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Business, 23.06.2019 17:20, 1020lakyn
Economic analysis indicates that it will be politically more attractive to a. enact expansionary fiscal policy during a recession than to enact restrictive fiscal policy during an economic expansion. b. enact expansionary fiscal policy during an economic expansion than to enact restrictive fiscal policy during a recession. c. enact restrictive fiscal policy during an economic expansion than to enact expansionary fiscal policy during a recession. d. raise taxes than to increase spending.
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Business, 23.06.2019 19:30, cynayapartlow88
How might a recent college graduate's investment portfolio differ from someone who is near retirement
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Why might learning by doing decrease the long-run average cost of production? a. as output increase...
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