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Author Question: When economies of scale exist, an increase in the level of output will lead to: a. a decrease in ... (Read 28 times)

geoffrey

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on: Jun 30, 2018
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.


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millet

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

a

Answer to Question 2

e


geoffrey

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

tkempin

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Reply 3 on: Yesterday
Wow, this really help

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