Author Question: Average costs_____ initially due to the presence of fixed costs and then _____due to increasing ... (Read 35 times)

swpotter12

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Average costs_____ initially due to the presence of fixed costs and then _____due to increasing marginal costs
 a. rise; rise
  b. rise; fall
  c. fall; rise
  d. fall; fall

Question 2

The firm would have a better bargaining position in the negotiations if
 a. It can hire the non union scabs at a better wage
 b. The union has younger workers who cannot afford to be off work
 c. The union has a strike fund to pay workers during work stoppage actions
  d. Only A&B



recede

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Answer to Question 1

c

Answer to Question 2

d



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