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Economies of scale are reductions in average costs attributable to production volume increases. They typically are defined in relatio...
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Economies of scale refer to economic efficiencies that result from carrying out a process on a larger scale. Scale effects are possible becaus...
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Multiple-station, or group, ownership is a long established characteristic of broadcasting in the United States. It exists whenever a single organization owns more than one station or one medium. Through the efficiencies of operation of multiple outlets, or economies of scale, group media companies usually enjoy financial benefits that are not available to single medium operators. Thus, a long-term trend toward consolidation has prevailed throughout the history of the radio broadcasting industry. Television owners quickly adopted the practice, which has expanded steadily, as regulations have permitted ever since. The three forms of multiple ownership - Group ownership, Duopoly ownership, and Cross-media ownership are analyzed in this study. Particularly, this study provides (1) a statis...
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Economies of scale have a two-pronged weight on the welfare of price discrimination. Economies of scale will improve the welfare gain if output and Marshallian welfare increase under price discrimination. However, economies of scale will aggravate the welfare loss if output decreases under price discrimination. Price discrimination was shown to increase prices in all sub-markets, which leads to a Pareto welfare loss for consumers.
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A name and an idea brings "big-business" economies-of-scale into charitable giving, John deBlecourt told Putnam Rotarians recently.
As executive director of Believe in West Virginia, deBlecourt runs a 5,000-square-foot warehouse in the old Dondale store in Cross Lanes.
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This paper examines the determinants of movie rental revenue in the United States. The sample consists of 214 films released during 2006. Regression results indicate the primary determinants of video movie revenue are domestic box office, time to video, academy award nominations, sequels, children's movies, and domestic release exposure. Specific results include the observation that domestic box office revenue serves as a complement to movie rental revenue and time to video is inversely related to video revenue as motion picture companies take advantage of marketing economies of scale. Branding associated with an academy award nomination is worth over a million dollars in rental revenue and sequels are worth six million less than alternative releases. Children's movies are worth ten mil...
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1. Introduction
The substantially greater than inflation increases in college tuition during the late 1980s and first half of the 1990s ignited cons...
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[ILLUSTRATION OMITTED]
Expectations of declining budgets for Pentagon big-ticket weapons and an overall uncertainty about future military spending p...
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We examine pure no-load funds over a 5-year period. For equity funds, trading activity is negatively related to returns. Expense ratios are not significantly related to returns. Potential capital gains exposure and tax cost ratio are positively related to return. For fixed income funds, trading activity is positively related to return. Expense ratios and tax cost ratios are negatively related to returns. Mutual funds exhibit economies of scale and managers experience scale and scope economies. The individual investor is better off in a large fund that is a member of a large fund family.
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[ILLUSTRATION OMITTED]
A prime geographic location, one of the strongest economies in the nation, and the certain boost that will result from improv...