« previous next »

Author Question: In the case where a firm gains an advantage from producing more than one product, it is experiencing ... (Read 62 times)

s.tung

  • Hero Member
  • *****
  • Posts: 577
on: Jun 30, 2018
In the case where a firm gains an advantage from producing more than one product, it is experiencing
 A) economies of scale.
  B) market economies.
  C) economies of scope.
  D) increasing returns to scale.

Question 2

Which of the following statements is true about the utility possibility frontier (UPF) for two people trying to strike a deal?
 a. It limits the moves two individuals can make at different stages of the game.
  b. It tells us how the point on the UPF that they finally reach might differ with their bargaining tactics.
  c. It predicts the exact point where the two bargainers will end up irrespective of their bargaining tactics.
  d. It tells us how the point on the UPF that they finally reach might differ with their personal characteristics


iceage

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

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

s.tung

  • Hero Member
  • *****
  • Posts: 577
Reply #2 on: Jun 30, 2018
Thank you :)


iceage

  • Guest
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

An orb weaver producing silk from its spinnerets An orb weaver producing silk from its spinnerets
A typical calibration code sticker on the case of a controller. The information on the sticker is ... A typical calibration code sticker on the case of a controller. The information on the sticker is ...
Product & Process Influences - Sterile Products Product & Process Influences - Sterile Products
Product safety Product safety
Find derivative using product rule Find derivative using product rule
Mutations in posterior Hox genes (HOXD13 in this case) in humans Mutations in posterior Hox genes (HOXD13 in this case) in humans
Video: Primate Evolutionary Tree Animation

For a complete list of videos, visit our video library