Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Business Economics Expert

problem about Cost types

1. What marginal costs do Universities incur by offering more than one of the same classes? What marginal revenues do Universities earn from each additional class? How would you expect this marginal analysis to affect the volume of classes the Universities offers? Does Universities maximize profits?

2. How would you describe the balance between the costs of automation, or fixed costs, and the costs of labor, or variable costs? How has technology changed the balance between automation and labor? What type of industry benefits the most from technological innovation?

3. Choose an organization that has a high fixed cost and low variable cost balance to run its operations. Discuss the balance of fixed and variable costs for the organization. How can the organization use technology to change this balance for an advantage?

4. What opportunity costs do you confront by enrolling in a MBA program? Does your organization or an organization with which you are familiar consider opportunity costs when evaluating strategic opportunities? For your organization, are opportunity costs fixed costs, variable costs, both, or neither?

 

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M927182

Have any Question? 


Related Questions in Business Economics

In 1974 the price of a first class postage stamp was 10

In 1974, the price of a first class postage stamp was 10 cents, a loaf of bread averaged 28 cents, gasoline was 53 cents per gallon, and the average price of a new car was $3500. In 2014, the postage stamp was 49 cents, ...

A person can benefit from specialization and trade by

A person can benefit from specialization and trade by obtaining a good at a price that is A. higher than his or her opportunity cost of that good. B. different than his or her opportunity cost of that good. C. the same a ...

Jimmy has studied the bond market for the last century and

Jimmy has studied the bond market for the last century, and has determined that the real interest rate is 2%. He has also studied the stock market, and determined that the prevailing real growth rate of stocks is 6%. Jim ...

Explain briefly how each of the following transactions

Explain briefly how each of the following transactions would affect a company's balance sheet. (Remember that assets must equal liabilities plus owners' equity before and after the transaction.) a. Sale of used equipment ...

Identify at least four things that will likely affect an

Identify at least four things that will likely affect an individual’s demand for medical care. Which will likely have the best ability to predict spending for a single individual? Which for groups of people (assuming tha ...

Aqua springs makes the following four statements about

Aqua Springs makes the following four statements about bottled spring water. Which statement best describes the? firm's quantity supplied in the bottled water? market? A. We would sell more water if the demand for it wer ...

In the united states say gasoline costs consumers about 250

In the United States, say gasoline costs consumers about $2.50 per gallon. In Italy, say it costs consumers about $6 per gallon. What effect does this price differential likely have on miles driven in the United States c ...

A person you trust foresees the need for a loan and

A person you trust foresees the need for a loan and suggests that you loan them $2,000 at the end of year 1, $1,000 at the end of year 2, nothing in year 3, and then they will pay you $1,000 in year 4, $2,000 in year 5, ...

Narria investments ltd filed a suit in a texas state court

Narria Investments Ltd. filed a suit in a Texas State Court against several defendants, including Harveston Securities Inc., a securities dealer. Harvestons is registered with the state of Texas and thus may be served wi ...

In january 2014 the price of a 2014 buick was 20000 and

In January 2014 the price of a 2014 Buick was $20,000 and 50,000 units were sold. At October 2014, the price of a 2014 Buick dropped to $18,000 and 60,000 units were sold. Identify what has happened in the market for Bui ...

  • 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

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate