Author Question: What denotes the output level where economies of scale are exhausted and constant returns to scale ... (Read 82 times)

student77 · **on:** Jun 30, 2018

What denotes the output level where economies of scale are exhausted and constant returns to scale begin?
a. minimum efficient scale
b. break-even point
c. efficient equilibrium
d. zero economic profit

Question 2

The face value of a bond is:
a. the amount of the coupon that is paid at equal intervals.
b. the amount repaid to the lender on maturity.
c. the percentage of company profits that is paid to the borrower.
d. equivalent to the capital gain.
e. equivalent to economic profit.