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

Author Question: A firm that has increasing returns to scale in the long run does not experience diminishing marginal ... (Read 60 times)

sdfghj

  • Hero Member
  • *****
  • Posts: 552
on: Apr 19, 2019

Question 1

A firm's long-run average cost curve represents the minimum cost of producing each level of output when the scale of production can be adjusted.


◦ true
◦ false

Question 2

A firm that has increasing returns to scale in the long run does not experience diminishing marginal returns in the short run.


◦ true
◦ false
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 sdfghj on Apr 19, 2019

meryzewe

  • Sr. Member
  • ****
  • Posts: 346
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 25% of students answer this correctly


sdfghj

  • Member
  • Posts: 552
Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

skipfourms123

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Rusophycus, a "resting trace" of a trilobite; Ordovician of southern Ohio. Scale bar is 10 Rusophycus, a "resting trace" of a trilobite; Ordovician of southern Ohio. Scale bar is 10
Earth’s history is divided into nested sets of time--eons, eras, periods, and epochs--and is called Earth’s history is divided into nested sets of time--eons, eras, periods, and epochs--and is called
Ayurvedic massage. Long sweeping stroke from foot around shoulder and down the arm, recipient prone. Ayurvedic massage. Long sweeping stroke from foot around shoulder and down the arm, recipient prone.
Effect of increasing temperature or lowering deltGo+ on the rates of reactions Effect of increasing temperature or lowering deltGo+ on the rates of reactions
Storm Surge Scale Storm Surge Scale
Perform the indicated division (long division polynomials) Perform the indicated division (long division polynomials)
Video: The Pressure Flow Model in a Plant

For a complete list of videos, visit our video library