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Which of the following is a reason why a firm would experience diseconomies of scale? Select one: a. As the size of the firm increases, it becomes more difficult to find markets where it doesn't already have operations. b. To finance an increase in the size of its plant a firm must borrow more money or sell more shares of stock. c. As the size of the firm increases, it must operate in other countries where differences in language, customs and laws increase its average costs. d. As the si...

Economies of scale exist as a firm increases its size in the long run because of all the following except: - ANSWERSAs a firm expands its production, its profit margin per-unit of output increases Over the past twenty years, the number of small family farms has fallen significantly and in their place there are fewer, but larger, farms owned by corporations. Which of the following best explains this trend? - ANSWERSEconomies of scale in farming The president of Toyota's Georgetown plant...

Module 4 - ANSWERS... As the size of the firm increases it becomes more difficult to coordinate the operations of its manufacturing plants. - ANSWERSWhich of the following is a reason why a firm would experience diseconomies of scale? The level of operation where long-run average costs are lowest. - ANSWERSThe minimum efficient scale is... As output increases, the managers can begin to have difficulty coordinating the operations of their firms. - ANSWERSWhich of the following is not a r...

What makes a peptide bond? - ANSWERSCarbon and Nitrogen What elements make up Hydrocarbon? - ANSWERSCarbon and Hydrogen What is Chitin? - ANSWERSA structural polysaccharide What type of macromolecule is Chitin? - ANSWERSProtein What are the 4 main groups of large biological molecules? - ANSWERSProteins, Lipids, Carbs, Nucleic Acid Primary protein structure - ANSWERSSequencing Secondary protein structure - ANSWERSalpha helical structures and beta pleated sheets Tertiary prote...

Which of the following is the smallest unit of organization that can perform all activities required for life? - ANSWERScell With evolution as the core theme of biology, we can explain traits shared by organisms as evidence of __________ and traits that differ among organisms as evidence of __________. - ANSWERSdescent from a common ancestor; adaptation through natural selection Which series of terms is in the correct sequence of biological organization, from the simplest to the most compl...

Define a covalent bond - ANSWERSThe sharing of electron pairs The molecular structure of lipids is unique because - ANSWERSTheir structure is variable since they are not synthesized from a single recognizable molecule What is the main function of phospholipids? - ANSWERSMajor components of biological membranes What is translation? - ANSWERSThe synthesis of proteins using an RNA template What defines a protein tertiary structure? - ANSWERSThe polypeptide chain is bent at specific site...

Evolution - ANSWERSProcess of change that has transformed life on Earth to the diversity of organisms living today. Biology - ANSWERSScientific study of life. Ecosystems - ANSWERSLiving and nonliving components interact. Communities - ANSWERSLiving organisms and species. Species - ANSWERSForms of life. Populations - ANSWERSIndividuals of species. Ex: Sugar maple trees, white-tailed deer Organisms - ANSWERSIndividual living things. Tissues - ANSWERSGroup of cells that work to...

What scientist were credited for their double-helix model for the structure of DNA, and that DNA was the substance of inheritance? - ANSWERSWatson and Crick Adenine and Guanine are - ANSWERSpurines Thymine cytosine and uracil are - ANSWERSpyrimidines Adenine pairs to ________ in DNA - ANSWERSThymine Adenine pairs to ________ in RNA - ANSWERSUracil Guanine pairs to ________. - ANSWERSCytosine Chargaff's rule states - ANSWERSin any organism the amount of A = G, and the amount ...

Evolution - ANSWERSChange over time Cell - ANSWERSsmallest unit of life genetic information - ANSWERSBasis of all life Themes of Biology - ANSWERSevolution, information, energy and matter, interactions, organization Properties of Life - ANSWERSorder, adaptation, regulation, growth and development, response to the environment, reproduction systems biology - ANSWERSAnalyzing interactions among parts of a system Reductionism - ANSWERSreducing complex systems to simple components ...

Matter - ANSWERSAnything that has mass and takes up space Element - ANSWERSA substance that cannot be broken down into simpler substances Compound - ANSWERSA substance consisting of two or more elements in a fixed ratio. essential elements - ANSWERSA chemical element required for an organism to survive, grow, and reproduce. About 20-25% of the 92 natural elements are required for life. trace elements - ANSWERSessential elements that are required by an organism in only minute quantiti...