A firm with high fixed costs requires a large number of customers in order to have a meaningful return on investment. This is where economies of scale become important. Since each firm has large initial costs, as the firm gains market share and increases its output the fixed cost (what they initially invested) is divided among a larger number of customers. Therefore, in industries with large initial investment requirements, average total cost declines as output increases over a much larger range of output levels. City D's mayor wants to invite more businesses in the city. Three firms, firm A, firm B, and firm C, took advantage of this opportunity. Firm A does not require large initial costs, but firm B and firm C require large initial costs. Firm B managed to increase its market share, but firm C failed to increase its market share. Which firm would not have meaningful return on investment if they don't get large number of customers, firm A or firm B?
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Answer: firm B

Beginning in the late 1970's, ozone depletion was recognized as a significant environmental issue. The most dramatic decrease in ozone occurs seasonally over the continent of Antarctica. The size and duration of the ozone hole steadily increased, with the largest hole recorded in 2006. Fortunately, most countries have recognized the danger of CFCs and dramatically curtailed their use in recent years. It is hoped that ozone depletion will slow and that the ozone layer may eventually be restored to its earlier levels. Ben and Harry were studying about the climatic history of Earth. Ben was more attracted to learning about early Ice Ages, while Harry was curious about the Earth atmosphere and read about ozone depletion and its consequences. Which person learned more about the danger of CFCs?
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Answer: Harry

It would be very unadvisable to place a can of soup over a campfire without venting the can. As the can heats up, it may explode. The kinetic-molecular theory explains why. The air inside the rigid can of soup is given more kinetic energy by the heat coming from the campfire. The kinetic energy causes the air molecules to move faster and they impact the container walls more frequently and with more force. The increase in pressure inside may eventually exceed the strength of the can and it will explode. An additional factor is that the soup may begin boiling which will then aid even more gas and more pressure to the inside of the can. A team of hikers split into two groups. Group Jones hiked north and camped there overnight. Group George went east. Both groups made campfires and heated cans of soups. Group Jones didn't make holes in the cans, so the cans exploded. The others heated their soup cans the right way, by venting them first. Which group's cans experienced an increase in pressure inside the can that exceeded the strength of the can?
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Answer:
Jones