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Author Question: When a firm's marginal productivity declines as output increases, then the firm is experiencing a. ... (Read 70 times)

chandani

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on: Jul 1, 2018
When a firm's marginal productivity declines as output increases, then the firm is experiencing
 a. Diminishing returns to scale
  b. Constant returns to scale
 c. Increasing returns to scale
 d. Increasing marginal product

Question 2

When buying a car from a commission salesman you improve your bargaining position by
 a. shopping when the new model year cars have just arrived
  b. shopping when the showroom is full of customers
 c. shopping when the car lot has many cars left unsold
 d. shopping toward the beginning of the month


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joshbk44

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

a

Answer to Question 2

c


chandani

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

adammoses97

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

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