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Author Question: How large a firm becomes is determined by A) the demand for its product. B) the availability of ... (Read 60 times)

tfester

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on: Jun 30, 2018
How large a firm becomes is determined by
 A) the demand for its product.
  B) the availability of economies of scale.
  C) the availability of economies of scope.
  D) the availability of specialized managers.

Question 2

Any point within the utility possibility frontier is:
 a. unachievable
  b. efficient
  c. achievable but inefficient
  d. unachievable but efficient


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kthug

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

A

Answer to Question 2

C


tfester

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

  • Member
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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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