Increasing returns A) causes marginal cost to remain constant. ...

[dollx]

Increasing returns
 A) causes marginal cost to remain constant.
  B) causes marginal cost to rise.
  C) causes marginal cost to fall.
  D) causes marginal product to rise but then fall.

Question 2

Being first only works
 A) if accounting profits are earned in the first year.
  B) if the entrepreneur has the working capital of a large firm.
  C) in a winner take all situation.
  D) all of these choices.

[SomethingSomething]

Answer to Question 1

C

Answer to Question 2

C

[dollx]

Thanks for the timely response, appreciate it

[bimper21]

TYSM