K- 15 PRICE 25 35 Umbrellas (Millions) Chart A 30 8 d G 15 PRICE 5 10 15 20 Umbrellas (Mons) Chart B C 20 15 Use the above information to answer the following questions. PART 1: Which chart demonstrates the principal of Minmum Efficient Scale O Chart D O Chart A O Chart C O Chart B 10 s Which of the following reasons justifies your above choice? O Dimensional Factors, a large company may make larger orders and ge O Additional gains and costs are constant O shows problems with cyclical economic events for Minmum Efficient S O Additional layers of supervision
K- 15 PRICE 25 35 Umbrellas (Millions) Chart A 30 8 d G 15 PRICE 5 10 15 20 Umbrellas (Mons) Chart B C 20 15 Use the above information to answer the following questions. PART 1: Which chart demonstrates the principal of Minmum Efficient Scale O Chart D O Chart A O Chart C O Chart B 10 s Which of the following reasons justifies your above choice? O Dimensional Factors, a large company may make larger orders and ge O Additional gains and costs are constant O shows problems with cyclical economic events for Minmum Efficient S O Additional layers of supervision
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:K-
20
15-
10.
5
PRICE
25
35
Umbrellas (Milions)
Chart A
30
O Chart A
O
Chart C
O Chart B
C
201
154
103
5
0-1
PRICE
mmm
10 15 20
Umbrellas (Millions)
Chart B
NOO
Use the above information to answer the following questions.
PART 1:
Which chart demonstrates the principal of Minnum Efficient Scale
O Chart D
20
15
10
S
PRICE
0fm
30 35 40 45 50 55 60
Umbrellas (Millions)
Chart C
Which of the following reasons justifies your above choice?
O Dimensional Factors, a large company may make larger orders and get a discount
O Additional gains and costs are constant
O shows problems with cyclical economic events for Minmum Efficient Scale
O Additional layers of supervision.
PART 2:
Which chart demonstrates the principal of Economies of Scale explain. 3
O Chart D
O Chart A
O Chart B
Q
C
ema
20-1
15
10
5
PRICE
5 10 15 20
Umbrellas (Milions)
Chart D
Q
1
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