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Author Question: If long run average costs fall with output, you have a. Increasing returns to scale b. Decreasing ... (Read 55 times)

meagbuch

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If long run average costs fall with output, you have
 a. Increasing returns to scale
  b. Decreasing returns to scale
  c. Constant returns to scale
 d. None of the above

Question 2

When buying a car from a dealership, to get the best bargain
 a. Allow the dealership to make the first offer
 b. Keep a cushion of bargaining space in the quoted price
  c. Make a take it or leave it offer
 d. All of the above



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kjo;oj

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Answer to Question 1

a

Answer to Question 2

c




meagbuch

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


cdmart10

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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