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Author Question: If a firm is experiencing economies of scale, then the long-run average cost curve is A) falling. ... (Read 125 times)

@Brianna17

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on: Jun 30, 2018
If a firm is experiencing economies of scale, then the long-run average cost curve is
 A) falling.
  B) rising.
  C) horizontal.
  D) shifting.

Question 2

Which of the following is an example of a zero-sum game?
 a. Jill decides to buy a television set from Jack for 500.
  b. Angela buys a jacket worth 30 from the apparel store near her apartment.
  c. Rachel decides to buy Sarah's couch and is willing to pay whatever price Sarah might ask for it.
  d. Joanna buys a camera at a Thanksgiving sale and gets a tripod free.


elyse44

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

A

Answer to Question 2

C


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