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Author Question: Increasing returns A) causes marginal cost to remain constant. B) causes marginal cost to rise. ... (Read 158 times)

dollx

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on: Jun 30, 2018
Increasing returns
 A) causes marginal cost to remain constant.
  B) causes marginal cost to rise.
  C) causes marginal cost to fall.
  D) causes marginal product to rise but then fall.

Question 2

Being first only works
 A) if accounting profits are earned in the first year.
  B) if the entrepreneur has the working capital of a large firm.
  C) in a winner take all situation.
  D) all of these choices.


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SomethingSomething

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

C


dollx

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

ryhom

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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