Author Question: Constant returns to scale indicate that a firm is experiencing: a. per unit costs of production ... (Read 59 times)

jman1234

  • Hero Member
  • *****
  • Posts: 560
Constant returns to scale indicate that a firm is experiencing:
 a. per unit costs of production that are decreasing as the scale of output expands.
  b. per unit costs of production that remain stable as the scale of output expands.
  c. per unit costs of production that are increasing as the scale of output expands
  d. an increasing marginal product.

Question 2

An investor who wants to diversify his portfolio will buy only bonds when both stocks and bonds are expected to yield better returns.
 a. True
  b. False
  Indicate whether the statement is true or false



Li Jun

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

b

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

For a complete list of videos, visit our video library