When economies of scale exist, an increase in the level of output ...

[geoffrey]

When economies of scale exist, an increase in the level of output will lead to:
 a. a decrease in cost per unit.
  b. an increase in cost per unit.
  c. a decrease in total cost.
 d. both a. and c. above

Question 2

The price of stock is determined by:
 a. the demand for the good produced by the firm.
  b. the number of shares of a firm's stock that is available.
  c. the performance of the stock market.
  d. the performance of the Federal Reserve.
  e. the demand for and supply of a company's shares.

[millet]

Answer to Question 1

a

Answer to Question 2

e

[geoffrey]

Thanks for the timely response, appreciate it

[upturnedfurball]

Gracias!