Author Question: Quick Auto Service will do oil changes. If each oil change is done by five people, each of whom ... (Read 151 times)

vinney12 · **on:** Jun 29, 2018

Quick Auto Service will do oil changes. If each oil change is done by five people, each of whom specializes in one task, this is an example of

A) economies of scope.
B) team production.
C) economies of monitoring.
D) economies of coordination.

Question 2

In the figure above, if the market is unregulated, at the equilibrium output the marginal external cost is

A) zero.
B) 250 per unit.
C) 150 per unit.
D) 100 per unit.