« previous next »

Author Question: In a decreasing-cost industry, the entry of new firms lowers average cost at each level of output. ... (Read 176 times)

craiczarry

  • Hero Member
  • *****
  • Posts: 527
on: Jun 29, 2018
In a decreasing-cost industry, the entry of new firms lowers average cost at each level of output.
 
  Indicate whether the statement is true or false

Question 2

The marginal rate of substitution is determined by the slope of an indifference curve.
 
  Indicate whether the statement is true or false
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


smrtceo

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

TRUE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

craiczarry

  • Hero Member
  • *****
  • Posts: 527
Reply #2 on: Jun 29, 2018
Thank you


smrtceo

  • Sr. Member
  • ****
  • Posts: 344
Reply #3 on: Jun 29, 2018
No problemo


« previous next »
 

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Cardiac Output Cardiac Output
Average optimal blood pressure for age Average optimal blood pressure for age
Epidemiologists look for the causes of disease, such as toxic waste and industrial pollution, at the Epidemiologists look for the causes of disease, such as toxic waste and industrial pollution, at the
The four routes of entry into the human body for hazardous materials. The four routes of entry into the human body for hazardous materials.
Sea-Level Pressure Sea-Level Pressure
The Hfr chromosome time-of-entry map is assembled from the recombinant data The Hfr chromosome time-of-entry map is assembled from the recombinant data
Video: Non-specific disease resistance mechanisms & Skin's defense barriers

For a complete list of videos, visit our video library