Durham College Courses For January 2020

What is minimum efficient scale?What is likely to happen in the long run to firms that do not reach minimum efficient scale?Q6. State the law of diminishing marginal returns. Explain why the marginal cost of production must increase if the marginal product of a variable resource is decreasingQ7. Watch the following video clip Costs of prisons and answer the following questions. Why do you think the government worries about increasing number of prisoners?Explain your answer. b. With the aid of graphs show how these three different factors work to reduce consumption. c. Plain packaging was linked to a fall in consumption of 2% over three years. Using graphs in your explanation show why it is difficult to change the quantity of cigarettes in relation to all three factors. Task 4: Costs of Production Q1.


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The "economy guide" plan is only for the truly financially strapped and/or those who really don't give a hoot when their vehicle arrives at its destination. The next most economical mode of transport is the open carrier. The car will be exposed to damage from weather conditions, road conditions, flying gunk from the air and the road, and possible theft and vandalism. You can do more to protect your vehicle from the above at a greater price, of course, by transporting it via a closed truck. You can also go with "Full Service" which will guarantee timely pick up at your doorstep and delivery right to your new home. This option will set your wallet back even more. You can minimize the charges by doing everything possible to eliminate extra weight from your car by not packing any personal belongings, removing everything you can and shipping it with only enough fuel required for the journey. The advertised price does not include sales tax, vehicle registration fees, finance charges, documentation charges, and any other fees required by law. We attempt to update this inventory on a regular basis. However, there can be lag time between the sale of a vehicle and the update of the inventory. EPA mileage estimates are for newly manufactured vehicles only.



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