Question

Amazon experienced shipping delays as sales increased during the coronavirus pandemic. How do these delays impact...

Amazon experienced shipping delays as sales increased during the coronavirus pandemic. How do these delays impact Amazon’s marginal production cost and Amazon’s average cost of production? In the answer explain the difference between marginal cost and average cost?

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Answer - Amazon is suffering from the dimishing returns to factor. This is the reason why there are delays in shipping. The marginal production has declined. In effort of increasing the supply , more factors would be employed , hence marginal prodictivity will decline. As the marginal prodictivity will decline , the average and marginal cost will rise due to dimishing returns . The average cost is the cost of production per unit and marginal cost is the cost of producing additional unit of output. These are the factors responsible for the shipping delays in the pandemic phase  

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Amazon CEO Jeff Bezos’ 2020 letter to shareholders details the company’s plans to combat the coronavirus...
Amazon CEO Jeff Bezos’ 2020 letter to shareholders details the company’s plans to combat the coronavirus Amazon CEO Jeff Bezos just published his annual letter to shareholders, and the efforts his company is taking to address the COVID-19 crisis were front and center. He outlined the company’s plans to build a lab to test employees and the social distancing measures its implemented in its facilities among other initiatives. Other than the coronavirus pandemic, Bezos also discussed the retail giant’s efforts...
With ventilators in short supply and U.S. COVID-19 cases surging in mid-March, the coronavirus pandemic gave...
With ventilators in short supply and U.S. COVID-19 cases surging in mid-March, the coronavirus pandemic gave rise to a cross-industry partnership pairing automaker General Motors with Seattle area medical device company Ventec Life Systems. Ventec, a small medtech founded in 2012, was operating at full capacity in March, producing a few hundred units per month to meet the urgent need for ventilators. But it lacked the resources and infrastructure to increase production on a massive scale. That's when General Motors...
During the Coronavirus pandemic, Bobby’s restaurant is only open for drive-through and wants to provide quick...
During the Coronavirus pandemic, Bobby’s restaurant is only open for drive-through and wants to provide quick service to their customers to minimize the risk of exposure. They currently have assigned one lane to serve the drive-through crowd. Bobby recognizes that having a lengthy line is likely to deter other customers from arriving at the restaurant. Now, Bobby needs to figure out if he needs to open a second drive-through lane or not. He spends a couple of days to observe...
Problem 3 Recent studies have indicated that by 2030, more than a quarter of the Amazon...
Problem 3 Recent studies have indicated that by 2030, more than a quarter of the Amazon rainforest could be without trees as a result of deforestation. The rainforest currently spans 670 million hectares (1 hectare= 2.471 acres or 10,000 square meters). Determine the rate of deforestation between 2019 and 2030 assuming an exponential decline and a 25% reduction in rainforest area over this period. What is the sign of the rate you calculated, and what does it signify? As the...
Assignment Requirements: The coronavirus (COVID-19) pandemic has significantly affected businesses around the globe. This include interruption...
Assignment Requirements: The coronavirus (COVID-19) pandemic has significantly affected businesses around the globe. This include interruption of production, businesses closures, reduced demands, and disruption to supply chains and to financial markets. These effects will have some impacts on financial reporting especially in the application of some IFRS/IAS/AASP standards. In this assignment you are required to answer the following questions: 1. List Eight accounting considerations that are impacted by the Coronavirus 2019 disease. 2. Choose Five of the Eight you listed...
Business Problem-Solving Case Walmart and Amazon Duke It Out for E-Commerce Supremacy Walmart is the world’s...
Business Problem-Solving Case Walmart and Amazon Duke It Out for E-Commerce Supremacy Walmart is the world’s largest and most successful retailer, with $487.5 billion in 2014 sales and nearly 11,000 stores worldwide, including more than 4,000 in the United States. Walmart has 2.2 million employees and ranks first on the Fortune 500 list of companies. Walmart had such a large and powerful selling machine that it really didn’t have any serious competitors—until now. Today, Walmart’s greatest threat is Amazon.com, often...
Please do it by type not pics, 1.Suppose Debbie notices the following relationship between how many...
Please do it by type not pics, 1.Suppose Debbie notices the following relationship between how many workers she hires to work on her fishing boat, and how much fish her company catches (per day): Workers Qty of Fish (in pounds) Marginal Product Total Cost Average Total Cost Marginal Cost 0 0 1 120 2 220 3 300 4 360 5 400 a.Use the information in the table to complete the marginal product column. Explain briefly why the marginal productivity might...
1.The number of homes in city center is very limited and even if prices increased significantly,...
1.The number of homes in city center is very limited and even if prices increased significantly, very few additional homes could be made available for sale. The burden of the sales tax on the sale of homes is carried by Select the correct answer below: A:primarily the home buyers. B:primarily the home sellers. C:both buyers and sellers equally. D:the government. 2. In a command economy, the government decides _____________. Select all that apply: A:which goods and services will be produced...
During 2007-2009, the global economy experienced a severe recession. To deal with recessionary gaps in their...
During 2007-2009, the global economy experienced a severe recession. To deal with recessionary gaps in their economies, many countries implemented expansionary fiscal policies to increase aggregate expenditures. Consider the following hypothetical responses (the actual policies were different in each country). In 2009, the government of the United States introduced a $675 billion stimulus package - additional government expenditures with no changes to the tax system. In Canada, the tax rate was reduced from 33 percent of GDP to 30 percent...
After reading the following article, how would you summarize it? What conclusions can be made about...
After reading the following article, how would you summarize it? What conclusions can be made about Amazon? Case 12: Amazon.com Inc.: Retailing Giant to High-Tech Player? (Internet Companies) Overview Founded by Jeff Bezos, online giant Amazon.com, Inc. (Amazon), was incorporated in the state of Washington in July 1994, and sold its first book in July 1995. In May 1997, Amazon (AMZN) completed its initial public offering and its common stock was listed on the NASDAQ Global Select Market. Amazon quickly...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT