Author Question: The ability to lower the average costs over total production as more products are introduced a. ... (Read 87 times)

Sufayan.ah · **on:** Jul 1, 2018

The ability to lower the average costs over total production as more products are introduced
a. Economies of scale
b. Economies of Scope
c. Diseconomies of Scale
d. Diseconomies of Scope

Question 2

John Nash, the mathematician responsible for the Nash equilibrium, also proved that any reasonable bargaining outcome would
a. Split the gains from trade
b. Allocate the gains from trade to the seller
c. Allocate the gains from trade to the buyer
d. All of the above