A firm experiences diseconomies of scale when it: grows so large that the cost per unit has to increase.
<h3>What is referred to as diseconomies of scale?</h3>
This has to do with the fact that a business has become so large. When it grows to be so big, the cost for every unit would then have to raise.
Limited resources and infrastructure could be the reasons why there may be diseconomies of scale.
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Answer:
Answer is option C, i.e. trusts discourages taking risks.
Explanation:
If the relationship between the supervisors and employees is based on trust and they are ready to rely on each other with almost everything related to their jobs, then there are greater chances that each of them would be equally ready to enter into any risk that may benefit them in long run. Therefore, a strong trustworthy relationship between the supervisors and the employees encourages them to take risks and not discourages them to do so. Therefore, the answer is option C.
Answer:
Price ceiling binding
price floor binding
Price floor binding
Explanation:
A price floor is when the government or an agency of the government sets the minimum price of a product. A price floor is binding if it is set above equilibrium price.
Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.
The maximum price ($2.50) is less than the equilibrium price($3) . So it is a binding price ceiling
The minimum price ($3.40) is greater than the equilibrium price($3) . So it is a binding price floor
Two or more subsystems working together to provide greater than the full of what they might produce running alone is called Synergy.
Production is the process of combining various material inputs and immaterial inputs (plans, information) with the purpose to make something for consumption (output). it's far the act of making an output, a great or provider which has a fee and contributes to the utility of individuals.
Produce here refers to “clean fruits and vegetables”. it is the noun version of that phrase, not the verb, and so its pressure falls on the first syllable. consequently, the produce aisle is the location where such things are found.
Produce is a generalized time period for many farm-produced plants, including culmination and veggies (grains, oats, and many others. Produce is a generalized time period for a collection of farm-produced vegetation and items, such as fruits and veggies – meats, grains, oats, and many others. are also sometimes considered produce. greater especially, the term "produce" regularly implies that the products are fresh and normally inside the same country as wherein they had been harvested.
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Answer:
D) better off, its producers of fish will become worse off, and on balance the citizens of Denmark will become better off.
Explanation:
Since the world price of fish is lower than the domestic price of fish in Denmark, the consumers will be better off because they will pay a lower price for the same good which results in an increase in consumer surplus. On the other hand, domestic producers will be worse off because the world price is much lower than their own price, which will result in a decrease of the quantity supplied of domestic fish and a decrease in supplier surplus.
But the overall balance will be positive because the increase in consumer surplus should offset the decrease in supplier surplus, resulting in higher total economic surplus.
