A firm experiencing constant economies of scale will have a long-run average cost curve that is:
a. upward sloping
b. vertical
c. downward sloping
d. horizontal
Question 2
Jill, a bookkeeper, just received an attractive offer from an outside firm and so she asks for a raise from her current employer. If the management of Jill's company is aware of the offer, her raise request is more likely to be
a. Accepted
b. Rejected
c. Laughed at
d. All of the above