This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which one of the statements is true? a. Diminishing returns is a long-run concept while decreasing ... (Read 51 times)

Mr.Thesaxman

  • Hero Member
  • *****
  • Posts: 514
on: Jul 1, 2018
Which one of the statements is true?
 a. Diminishing returns is a long-run concept while decreasing returns to scale is a short-run concept.
 b. Diminishing returns is a short-run concept while decreasing returns to scale is a long-run concept.
 c. Diminishing returns is a both short and long-run concept while decreasing returns to scale is a short-run concept.
  d. Diminishing returns is a long-run concept while decreasing returns to scale is a short and long-run concept.

Question 2

In the nonstrategic view of bargaining
 a. The first-mover usually gains more
 b. The second-mover usually gains more
 c. The third-mover usually gains more
 d. The outcome depends on which mover can commit to a strategy


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bblaney

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

d


Mr.Thesaxman

  • Member
  • Posts: 514
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

raenoj

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Long-Term Potentiation Long-Term Potentiation
Seven black members of Congress in 1871 are from left to right: Senator Hiram Revels (R-MS) and Repr Seven black members of Congress in 1871 are from left to right: Senator Hiram Revels (R-MS) and Repr
Apply the body wrap substance to the back with long, smooth strokes, covering the area thoroughly. Apply the body wrap substance to the back with long, smooth strokes, covering the area thoroughly.
How to convert verbal statements into algebraic equations (Part 4) How to convert verbal statements into algebraic equations (Part 4)
When a 2.75-kg fan, having blades 18.5 cm long, is turned off, its angular speed decreases ... When a 2.75-kg fan, having blades 18.5 cm long, is turned off, its angular speed decreases ...
Video: Smoking Cessation

For a complete list of videos, visit our video library