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

Author Question: Economies of scale exist when a. long-run average costs decline as output increases. b. long-run ... (Read 110 times)

mpobi80

  • Hero Member
  • *****
  • Posts: 519
on: Jul 1, 2018
Economies of scale exist when
 a. long-run average costs decline as output increases.
  b. long-run average costs are constant.
  c. long-run average costs increase as output increases.
  d. short-run average costs decline.
  e. short-run average costs increase.

Question 2

Two goods, X and Y, are called complements if
 a. an increase in PX causes more Y to be bought.
  b. an increase in PX causes less Y to be bought.
  c. an increase in PY causes less Y to be bought.
  d. an increase in income causes more of both X and Y to be bought.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Mollythedog

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

b


mpobi80

  • Member
  • Posts: 519
Reply 2 on: Jul 1, 2018
Excellent

miss_1456@hotmail.com

  • Member
  • Posts: 289
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Cellular changes associated with short-term and long-term memory in the sea slug. Cellular changes associated with short-term and long-term memory in the sea slug.
Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The
Average Global Temperature during the Phanerozoic Average Global Temperature during the Phanerozoic
The number of words correctly completed in the New York Times crossword puzzle increases with age ... The number of words correctly completed in the New York Times crossword puzzle increases with age ...
Homeschooling has come a long way. These children are performing in a musical at the annual ... Homeschooling has come a long way. These children are performing in a musical at the annual ...
Nucleic acid bases can exist in syn or anti conformations Nucleic acid bases can exist in syn or anti conformations
Video: Gastrin (protein digestion)

For a complete list of videos, visit our video library