NO.PZ2023071902000041
问题如下:
QuestionAfter expanding into a new region, a manufacturing company established
local assembly lines and hired local staff. Two years later, the
company's sales had grown as expected, but its operating margin had
decreased from 16 to 13 percent. The company's situation is most likely
due to:
选项:
A.
Not reaching its breakeven volume yet.
B.
Experiencing diseconomies of scale.
C.
Achieving its minimum efficient scale.
解释:
Solution
- Incorrect. The company's operating margin is positive, indicating that it is generating profits. Therefore, it is operating above its breakeven volume.
- Correct. The company is most likely experiencing diseconomies of scale. The duplication of costs in each location and the need to target different demographics have led to increased fixed costs, surpassing the growth in output and resulting in diseconomies of scale.
- Incorrect. The minimum point on the long-run average cost (LRAC) curve is referred to as the minimum efficient scale. Since the company's profits have decreased after the expansion, it is not yet operating at the least-cost point, and therefore, it has not achieved its minimum efficient scale.
• determine and interpret breakeven and shutdown points of production, as well as how economies and diseconomies of scale affect costs under perfect and imperfect competition
不太明白在说什么 请解释下