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

Author Question: Related to the Economics in Practiceon page 193. The search engine business is subject to ________, ... (Read 85 times)

shenderson6

  • Hero Member
  • *****
  • Posts: 573
on: Apr 19, 2019

Question 1

A firm's long-run average cost curve is increasing as output increases over all levels of output. As a result


◦ small firms and large firms will have identical average costs.
◦ there should be only one firm in the industry.
◦ small firms would have higher average costs of production than large firms.
◦ there should be more than one firm in the industry.

Question 2

Related to the 
Economics in Practice on page 193. The search engine business is subject to ________, which means that as the use of the search engine increases, the long-run cost to provide additional searches on that search engine will likely fall.


◦ diminishing returns
◦ economies of scale
◦ diseconomies of scale
◦ significant government regulation
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by shenderson6 on Apr 19, 2019

asdfghjkl;

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly


shenderson6

  • Hero Member
  • *****
  • Posts: 573
Reply #2 on: Apr 19, 2019
Thanks


asdfghjkl;

  • Sr. Member
  • ****
  • Posts: 323
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Potential Consequences of Estrogen Loss Related to Menopause Potential Consequences of Estrogen Loss Related to Menopause
Selected Topical Corticosteroids for Dermatitis and Related Symptoms Selected Topical Corticosteroids for Dermatitis and Related Symptoms
Dental Related Adverse Effects in Patients Undergoing Cancer Treatment Dental Related Adverse Effects in Patients Undergoing Cancer Treatment
Visual Elements of Pictorial Expression: A. Carpet Page from the Lindisfarne Gospels Visual Elements of Pictorial Expression: A. Carpet Page from the Lindisfarne Gospels
Business Mathematics, 15th Edition Business Mathematics, 15th Edition
Video: Rena arc construction

For a complete list of videos, visit our video library