Team production is the lower costs resulting from organizing a firm versus using the market to...

Team production is the lower costs resulting from organizing a firm versus using the market to coordinate production.

the product that results from market activity.

a production process with decreasing costs per unit as production increases.

a production process with individuals specializing in mutually supportive tasks.

the cost of organizing an assembly line.

Expert Solution

a production process with individuals specializing in mutually supportive tasks.

the above is answer

because team proeuction demand coordination to achieve group or form level tasks

Rahul Sunny answered 2 years ago

Who would you expect to have lower costs of production, a monopolist or a competitive firm?

Consider two fields: clothing and automobile production. Where would you expect more firm coordination versus market...

Consider two fields: clothing and automobile production. Where would you expect more firm coordination versus market coordination? Explain your answer.

Which of the following is the effect of using lower of cost or market on the...

Which of the following is the effect of using lower of cost or market on the liquidity metric? a.An increase in net income b.An increase in the days' sales in inventory c.A decrease in sales d.A decrease in the days' sales in inventory

(a) What were the fixed costs of production for the firm?

Output per month Price Total Revenue Total Cost Total Profit Marginal Revenue* Marginal Cost* Average Total Cost Profit per Unit (Price Minus Average Cost) 0 $ 1,000 $ 0 $ 60,000 -$60,000 - - - - 100 1,000 100,000 90,000 10,000 $ 1,000 $ 300 $900 $100 200 1,000 200,000 130,000 70,000 1,000 400 650 350 300 1,000 300,000 180,000 120,000 1,000 500 600 400 400 1,000 400,000 240,000 160,000 1,000 600 600 400 500 1,000 500,000 320,000 180,000 1,000 ...

From the production and distribution strategy to cut costs, did the firm Biogen consider or identify...

From the production and distribution strategy to cut costs, did the firm Biogen consider or identify benefits from vertical integration?

Is it ethical for firms to outsource production to 3rd world countries with lower labor costs...

Is it ethical for firms to outsource production to 3rd world countries with lower labor costs where most of the population would not have employment otherwise? What about illegal immigrants who come to the U.S. to seek work?

5) A firm introduces a new lower cost production technology. As a result a) The firm’s...

5) A firm introduces a new lower cost production technology. As a result a) The firm’s inverse supply curve shifts to the right; b) The firm’s inverse supply curve shifts to the left; c) The firm’s inverse supply curve does not shift; d) There is a movement along the firm’s inverse supply curve; e) c) and d). 6) The price for a good supplied by a firm falls. As a result a) The firm’s inverse supply curve shifts to the...

What is a Pareto efficiency of allocations resulting from barter or market exchange?

Using a stacked graph (forex market in the upper graph, money market in the lower graph),...

Using a stacked graph (forex market in the upper graph, money market in the lower graph), explain what happens when there is a large influx of capital into a country which wants to maintain a fixed exchange rate, assuming that the inflow is precipitated by an event which leads to a change in expectations. Label all axes, and all curves.

19) The , the necessary for short-run market adjustment. A) lower the fixed costs; greater...

19) The ________, the ________ necessary for short-run market adjustment. A) lower the fixed costs; greater the price change B) higher the marginal revenue; larger the marginal cost C) higher the fixed costs; greater the price change D) lower the average variable costs; smaller the marginal cost E) none of the above

Question