Essays on The Economics of Money, Banking, and Financial Markets Assignment

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The paper "The Economics of Money, Banking, and Financial Markets" is a wonderful example of an assignment on macro and microeconomics. One of the variable factors of production in the Coca-cola Company is labor. Labor, as a variable factor in Coca-cola production activities, offers additional input that the company requires in the expansion of short-run production.   The Coca-cola Company has embraced the “ UN Guiding Principles on Business and Human Rights” that offers guidelines on how people relate with one another. Fixed factors of production in Coca-cola Company, such as capital, provide the capacity constraint in the production process.

As more quantities of variable factors of production within the firm, like labor, are significantly added to the fixed factors of production, such as capital, the variable factors of production become less productive (Melvin 180-187). b. It is referred to as the reduction  of the long-run  average  as well as the marginal costs  that arise from the increased size of the operating units  (the factories or  plants, for instance).   Economics  of  scale  might be interior to a business  (cost reduction  as a result of technical and  management  aspects) or outside (cost reduction as a result of the impact of  technology within the industries). Application In bulk buying: Supermarket buys foodstuff in bulk and gets considerably lower average costs as opposed to buying in lesser quantities.

Marketing economies: Spending £ 200 on the national television advert promotion is only sensible for multinational firms like Starbucks or Coca Cola. When one’ s output is less, the average cost of the advertisement is significantly high. Financial economies: The big companies get lower interest rates on borrowing Container Principle: the transportation of larger quantity of commodities results to a lesser average cost. Specialization: the car production stages are intricate ad require specialization of workers.

Specialization necessitates less training of employees and a considerably effective production method.


Chen, James. Essentials of foreign exchange trading. Hoboken, N.J: John Wiley, 2009.


Melvin, Boyes. Microeconomics, 5th ed., p. 180-187. Boston, MA. Houghton Mifflin,

2002. Print

Mishkin, Frederic. The Economics of Money, Banking, and Financial Markets (Alternate

Edition). p. 8. 2007. Boston: Addison Wesley, 2007. Print

Rayman, R. A. A multi-gear strategy for economic recovery. Basingstoke: Palgrave

Macmillan, 2013. Print.

Richard, Fellows; ‎David, Langford; ‎Robert, Newcombe. Construction management in

practice. Oxford England Malden, MA: Blackwell Science, 2002. Print.

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