This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If unit costs increase as the quantity of production increases and all inputs are variable, then a ... (Read 104 times)

Bernana

  • Hero Member
  • *****
  • Posts: 530
on: Jun 30, 2018
If unit costs increase as the quantity of production increases and all inputs are variable, then a firm is experiencing
 A) constant returns to scale.
  B) economies of scale.
  C) diseconomies of scale.
  D) falling economies of scope.

Question 2

Terry wants to sell his car and the lowest price he is willing to accept is 3,000 . Alice likes the car and is willing to pay at most 4,000 for it. What is the headroom for them?
 a. Prices up to 1,000
  b. Price range between 3,000 and 4,000
  c. Prices above 4,000
  d. Prices below 3,000


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kaykay69

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


Bernana

  • Hero Member
  • *****
  • Posts: 530
Reply #2 on: Jun 30, 2018
Thank you :)


kaykay69

  • Sr. Member
  • ****
  • Posts: 322
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

The proportion of men and women with elevated blood pressure or taking hypertension medication incre The proportion of men and women with elevated blood pressure or taking hypertension medication incre
A typical oil pressure sending unit on a Ford V-8. A typical oil pressure sending unit on a Ford V-8.
The signal voltage from a throttle position increases as the throttle is opened because the wiper ... The signal voltage from a throttle position increases as the throttle is opened because the wiper ...
How to evaluate angles using cosine, special triangles, the unit circle (Part 2) How to evaluate angles using cosine, special triangles, the unit circle (Part 2)
British Iron Production, 1600–1870 British Iron Production, 1600–1870
Separation of variable number tandem repeat (VNTR) alleles after PCR amplification Separation of variable number tandem repeat (VNTR) alleles after PCR amplification
Video: Hypoglycemia Animation

For a complete list of videos, visit our video library