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Author Question: The long run average cost curve may initially slope downward due to A) decreasing average fixed ... (Read 22 times)

Chelseaamend

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on: Jul 1, 2018
The long run average cost curve may initially slope downward due to
 
  A) decreasing average fixed costs.
  B) increasing marginal returns.
  C) economies of scale.
  D) All of the above.

Question 2

Pizza joints often offer substantially lower prices for pizza picked up at the shop than for delivered pizzas even though they charge a delivery fee. This may be an attempt at
 
  A) perfect price discrimination.
  B) group price discrimination.
  C) quantity discrimination.
  D) second-degree price discrimination.


tranoy

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

C

Answer to Question 2

B


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Chelseaamend

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Reply #2 on: Jul 1, 2018
Thank you


tranoy

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Reply #3 on: Jul 1, 2018
No problemo


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