Economies of scale are the cost advantages that a business can exploit by expanding their scale of production. The effect of economies of scale is to reduce the average (unit) costs of production. Economies of scale‚ in microeconomics‚ refers to the cost advantages that an enterprise obtains due to expansion. There are factors that cause a producer’s average cost per unit to fall as the scale of output is increased. "Economies of scale" is a long run concept and refers to reductions in unit cost
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Economies of Scale * This is the cost advantage that a business obtains due to expansion. * That is the factor that cause the average cost of producing a product to fall‚ as output of the product rises as explained in the ‘Dictionary of Economics’. * By achieving economies of scale‚ a company would have the cost advantage over its existing and new rivals. * Further‚ the company could achieve lower long run average cost (i.e. productive efficiency). But if technology changes‚ this
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and the media. Gathering this data is accomplished through a number of collection methods‚ including interviews‚ questionnaires‚ and observations. The research gathering method for this paper is based on a survey questionnaire that will be mailed to software development organizations. The survey questionnaire captures three categories of data essential to the research‚ (1) the general demographics of software development organizations‚ including the size of the organization‚ the size of the development
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Example of an Observational (Survey) Study Appel‚ S.J.‚ Harrell‚ J.S.‚ & Deng‚ S. (2002). Racial and socioeconomic differences in risk factors for cardiovascular disease among Southern rural women. Nursing Research‚ 51(3)‚ 140-147. The title appropriately indicates the target population sampled (Southern rural women)‚ as well as two key independent variables (race and socioeconomic status—inclusive of education and income) examined for their associations with risk of cardiovascular disease
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Survey Questions: Please select one -I oppose same-sex marriage -I support same-sex marriage -Undecided -I don’t care Do you know any one who is a homosexual? -Yes -No -Unsure Do you think that being a homosexual is something that you are born with? -Something you’re born with -Something you choose -Im not sure - Don’t care 4. If same-sex marriage is legalized do you feel the “traditional” family will be threatened
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Grading Scale 2 Robert Hernandez English 102 Research paper Grading Scale Anyone who has attended a high school or college will readily say that one of the most stressful aspects of the entire experience is grades. Students will loose hours of sleep per night poring over textbooks‚ clutching a pen in one hand and a mug of Starbucks coffee in the other. They soon foster an obsession with achieving and maintaining perfect grades to the point where anything that earns less than "A" is a disgusting
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Economies of scale are the factors that lead to a reduction in average costs as a business increases in size. There are five economies of scale Purchasing Economies When businesses buy large numbers of components‚ for example materials or spare parts‚ they are able to gain discounts for buying in bulk. This reduces the unit cost of each item bought and gives the firm an advantage over smaller businesses which buy in small quantities. Marketing Economies
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Attitude Survey on Bullying Attitude Survey A survey can be defined as “a data-collection methods in which individuals answer specific questions about their behavior‚ attitudes‚ beliefs‚ or emotions” (Mrug‚ 2010). Surveys are commonly used in several fields such as “social and behavioral sciences‚ political sciences‚ public health‚ and business” (Mrug‚ 2010). An attitude survey will assess “attitudes in a target population‚ for example‚ attitudes towards consumer products (consumer surveys)‚ evaluations
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There are many issues which are essential to confidentiality and objective observations. Its important that you keep the observation accurate which means that it needs to be true and not made up‚ according to Beith and Tassoni "Keeping records and carrying out observations on children allow early years practitioners to pass accurate information on to parents. It means that parents can be kept informed of a child’s progress which shows them that their child is being seen as an individual and that
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The pH Scale is a scale made to show how acidic or alkaline a substance is. The pH of something is measured with pH paper which can vary from wide range paper‚ which covers all ph’s‚ but is not as accurate at some others. There are pH papers that get very specific that can have a range such as 2 or 3 and get much more precise. The neutral on the scale is 7. Anything that is below 7 is considered acidic and anything above 7 is considered alkaline. Acidic substances contain more H+ than OH-. H+
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