ECO 204 Week 3 Discussion 2 | Assignment Help | Ashford University
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ECO 204 Week 3 Discussion 2 | Assignment Help | Ashford University
Week 3 - Discussion 2
Long-Run Average Cost and Economies of Scale
Prior to beginning work on this
discussion, read David Trainer’s article, Sysco
Feasts on Economies of Scale for Strong Competitive Advantage , as well as
Chapter 8 in your textbook, and respond to the following:
·
How can the long-run average cost (LRAC) curve be derived from the
short-run average total cost (SRATC) curve?
·
Describe economies of scale and diseconomies of scale.
·
What are the determinants of economies of scale and diseconomies of
scale, respectively?
·
Using a real-world company (other than Sysco), explain the causes of
economies of scale for your company.
·
How would economies of scale help your company compete in its industry?
Your initial post
should be a minimum of 300 words.
Guided Response: Respond substantively (a minimum of
100 words) to at least two of your classmates’ posts. What is similar or
different between your post and theirs? What advice could you offer them?
Substantive responses use theory, research, experience, or examples to support
ideas and advance class knowledge on the discussion topic.