Which of the following is an example of a situation in which a firm is realizing economies of scale? O A hospital substitutes lower cost certified nursing assistants to perform some tasks previously performed by nurses allowing them to reduce the number of nurses on most shifts. A clinic substitutes digital scales with a laser height measuring feature negating the need for a nurse to take the actual height and weight readings for each patient. O A hospital contracts with an outside maintenance company to do cleaning at a lower cost than using hospital employees A manufacturing firm adds a second shift to its existing factory and machinery.

Which of the following is an example of a situation in which a firm is realizing economies of scale? O A hospital substitutes lower cost certified nursing assistants to perform some tasks previously performed by nurses allowing them to reduce the number of nurses on most shifts. A clinic substitutes digital scales with a laser height measuring feature negating the need for a nurse to take the actual height and weight readings for each patient. O A hospital contracts with an outside maintenance company to do cleaning at a lower cost than using hospital employees A manufacturing firm adds a second shift to its existing factory and machinery.

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter7: Economies Of Scale And Scope

Section: Chapter Questions

Problem 5MC

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