Author Question: The ability to lower the average costs of production as the quantity produced increases is called ... (Read 68 times)

ssal

  • Hero Member
  • *****
  • Posts: 572
The ability to lower the average costs of production as the quantity produced increases is called
 a. Economies of scale
 b. Economies of scope
 c. Diseconomies of scale
  d. Diseconomies of scope

Question 2

Jill, a bookkeeper, just received an attractive offer from an outside firm and so she asks for a raise from her current employer. She would be in a strong bargaining position because
 a. Her value for disagreement has increased
 b. Her value for disagreement has decreased
  c. Her value for disagreement has not changed
  d. Her value for agreement has not changed



Beatricemm

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

a

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

For a complete list of videos, visit our video library