If a firm increases its output in the ________ and unit costs ________, then the firm is experiencing ________ of scale.
A) long-run; decrease; economies
B) short-run; decrease; economies
C) long-run; decrease; diseconomies
D) short-run; decrease; diseconomies
E) long-run; increase; economies
Question 2
The HO model predicts that once trade begins factor prices will equalize between countries. This result occurs because of the assumption of
A) identical technology sets available to each country.
B) constant opportunity costs.
C) one factor of production.
D) free international mobility of factors.
Increasing Costs of Natural Disasters
A functional renal unit.
Gently squeeze/milk the arm with twisting motion. With oil or lotion on hands, use gentle but firm ...
Sadie is going to see a movie and is taking her four kids. each movie ticket costs $15 and ...
Calculator Output
Orientation and structure of a nephron, the functional unit of the kidney.