If long run average costs fall with output, you have a. ...

[meagbuch]

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

[kjo;oj]

Answer to Question 1

a

Answer to Question 2

c

[meagbuch]

Thanks for the timely response, appreciate it

[ryhom]

Excellent