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In relation to "Moderate to high levels of diversification...". Mention two examples and explain
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- 1. Match the following terms to their descriptions - Economies of scale - Constant returns to scale - Diseconomies of scale - a curve which represents a company's ability to adjust it's methods and costs of productivity over time, optimized according to quantity produced ATTACHED FILE ARE THE OPTIONSNote:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sureTranscribed image text: 3. How would an advance in development technology that lowered a developer's costs change the market supply and the developer's marginal revenue, marginal cost, average total cost, and economic profit?
- 2. If pure competition is not an adequate representation of the economic model that underlies farming in the Philippines, why do the assumptions of pure competition continue to be important to agricultural economists?Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.The concept of the “smart city” has recently been introduced as a strategic device to encompass modern urban production factors in a common framework and, in particular, to highlight the importance of Information and Communication Technologies (ICTs) in the last 20 years for enhancing the competitive profile of a city. The demand for smart cities has increased in recent years. a. In order to meet the demand of a smart city project in a country like India, with the help of any smart city project, describe some of the key elements for such smart cities.b. Mention the importance of smart cities and challenges in managing smart cities.
- What if all industries are decreasing-cost industries in nature. Would we observe ever-declining prices over time? PLEASE ELABORATE AND PROVIDE EXAMPLES. MICROECONOMICS1. State , and explain in detail, whether you agree or disagree with the following each) (a) The CES production function exhibits non-increasing returns to scale. (b) Let f be a homothetic technology. It must therefore be true that if x and x' can both produce y units of output, then 2x and 2x' can both produce 2y units of output. (c) If a firm's technology exhibits non-decreasing returns to scale, it also exhibits increasing returns to scale. (d) For all functions homogeneous of degree 1, the ratio of partial derivatives is homogeneous of degree zero. (e) The profit function is non-decreasing in output prices.29
- In technological convergence, how the industries respond in this innovation? And how they handle the declining cost in manufacturing of technology? Site examples and explain your answer in two hundred fifty words.4. Which of the following industries do you think are likely to exhibit large economies of scale? Explain why in each case. a. Home building b. Electric power generation c. Vegetable farming d. Software development e. Aircraft manufacturing с.How are big businesses beneficial in financially supporting smaller businesses that are struggling from COVID-19? -include terms: capital, corporations. (Economics - Grade 11)