Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
melinoma86 melinoma86
wrote...
Go to Answer
Posts: 386
Rep: 0 0
5 years ago

Question 1.

A delivery company lowers its automobile insurance costs as it increases in size because as the size of the fleet of delivery trucks increases, the premium per driver decreases substantially. This is an example of



▸ constant returns to scale.

▸ diseconomies of scale.

▸ economies of scale.

▸ diminishing marginal returns.

Question 2.

As the accounting industry expands, the demand for certified public accountants (CPAs) also increases, which causes the salaries of CPAs to increase. This is an example of



▸ diseconomies of scale.

▸ economies of scale.

▸ constant returns to scale.

▸ increasing marginal returns.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
Read 87 times
1 Reply
Replies
Answer verified by a subject expert
sarahlouhiggsarahlouhigg
wrote...
#1
Posts: 399
Rep: 68 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

melinoma86 Author
wrote...

5 years ago
Helped a lot
GeorgeNeist
wrote...

Yesterday
This site is awesome
rhockeygirl
wrote...

2 hours ago
Smart ... Thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1238 People Browsing
 124 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 1277
  
 371
  
 292
Your Opinion
Who will win the 2024 president election?
Votes: 3
Closes: November 4
Previous poll results: Should Ph.D.'s be addressed as doctors?