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Author Question: If production displays diseconomies of scale, the long-run average cost curve is A) above the ... (Read 110 times)

CBme

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If production displays diseconomies of scale, the long-run average cost curve is
 
  A) above the long-run marginal cost curve. B) downward sloping.
  C) above the short-run average total cost curve. D) upward sloping.

Question 2

An increase in a perfectly competitive firm's demand for labor could be caused by
 
  A) an increase in the supply of labor.
  B) a decrease in the market price of the product the firm produces.
  C) an increase in the amount of human capital among the labor force.
  D) a decrease in the market wage rate.


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gasdhashg

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CBme

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


phuda

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Reply 3 on: Yesterday
:D TYSM

 

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