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Author Question: Economies of scale are often confused with A) market demand curves. B) long-run average fixed cost ... (Read 81 times)

stevenposner

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on: Jun 30, 2018
Economies of scale are often confused with
 A) market demand curves.
  B) long-run average fixed cost curves.
  C) short-run average total cost curves.
  D) learning curves.

Question 2

Identify the correct statement from the following.
 a. Good faith bargaining implies the seller will never decrease the price for a particular buyer.
  b. Distrust is the norm when electricity producers negotiate a deal to exchange power by misrepresenting their costs.
  c. Poker is the exception where norms do not come into play.
  d. Good faith bargaining norms vary among different types of transactions.


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memslove

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


stevenposner

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

nguyenhoanhat

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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