Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Economics Expert

Every McDonald's restaurant around the world is not the same size. I am thinking the different sizes are due to the volume needed at the various locations.

If you picked one geographic location and imaged over time the geographic location experiences large variation in population, then you might see various sizes of McDonald's restaurants at that location. Do you think there are any economies of scale or diseconomies of scale in the McDonald's restaurant business? Please explain.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91998481

Have any Question?


Related Questions in Business Economics

Consider the tableage group 18-29 30-39 40-49 50-59 60-69

Consider the table Age group 18-29 30-39 40-49 50-59 60-69 70 and over Frequency 9831, 7845, 6869, 6323, 5410, 5279 What is the probability that the next person chosen will be in the 40-49 or 50-59 age groups?

Given a business situation word problem or case study such

Given a business situation word problem or case study such as one dealing with processing time or quantity of fill, use the normal probability distribution to determine a course of action. Assume that a population is nor ...

Suppose demand and supply are given byqdxnbsp 14 - 05

Suppose demand and supply are given by: Q d x  = 14 - 0.5 P x  and Q s x  = .25 P x  - 1 a) Determine the equilibrium price and quantitiy. b) Suppose a $12 excise tax is imposed on the good. Determine the new equilibrium ...

Do state mandates of the coverage of in vitro fertilization

Do state mandates of the coverage of, in vitro fertilization and hearing aids have a cost? If so, what is the opportunity cost? What are the tradeoffs between the amount of coverage and the number of people covered?

Suppose demand and supply are given byqdxnbsp 14 - 05

Suppose demand and supply are given by: Q d x  = 14 - 0.5 P x  and Q s x  = .25 P x  - 1 a) Determine the equilibrium price and quantitiy. b) Suppose a $12 excise tax is imposed on the good. Determine the new equilibrium ...

Recent studies have confirmed that there is a relationship

Recent studies have confirmed that there is a relationship (r = -.43) between the average number of minutes someone spends text messaging during class and their final grade in that given class. Based on their data the fo ...

Think about a good or service for which you believe there

Think about a good or service for which you believe there has been a shift in demand or supply. Explain the reasons behind the shift and how that has influenced the equilibrium price.

Suppose another variable x is continuous and its pdf isfx

Suppose another variable X is continuous and its pdf is: f(x)= (x^3 + x^2 - 2/3x + .75)    0 For this question, you may take our word that f(x) is greater than or equal to zero for all values of x in the domain. Prove th ...

It is often argued that regulation is justified in cases

It is often argued that regulation is justified in cases where some form of market failure would otherwise cause an inefficient allocation of resources. Can someone help me identify possible sources of market failure tha ...

Some farm land is more productive than other land in the

Some farm land is more productive than other land in the sense that it can grow more food per hectare. Farmers also use fertilizer to grow food (i.e. adding fertilizer increases crop yield by 10 percent) earn more revenu ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As