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Author Question: All of these factors create economies of scale, except a. Specialization and Division of Labor b. ... (Read 45 times)

plus1

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on: Jul 1, 2018
All of these factors create economies of scale, except
 a. Specialization and Division of Labor
  b. Technological Factors
  c. Increase in advertisement costs
  d. Quantity discounts

Question 2

If the cross price elasticity measured between items A and B is positive, the two products are referred to as:
 a. complements
  b. substitutes
  c. inelastic as compared to each other
  d. both b and c
  e. a, b, and c


leannegxo

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Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

b


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plus1

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Reply #2 on: Jul 1, 2018
Correct answers!


leannegxo

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Reply #3 on: Jul 1, 2018
Great! Please up vote :D


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