Author Question: If an airport decides to expand by building an additional passenger terminal, and in doing so it ... (Read 77 times)

Yi-Chen

  • Hero Member
  • *****
  • Posts: 550
If an airport decides to expand by building an additional passenger terminal, and in doing so it lowers its average cost per airplane landing, then the expansion would provide ________ to the airlines.
 
  A) higher marginal costs but lower total costs B) higher average costs but lower total costs
  C) economies of scale D) diseconomies of scale

Question 2

An example of an intermediate good would be
 
  A) the soda pop sold by Quiznos.
  B) the bread that goes into a sub sandwich that is sold by Quiznos.
  C) the potato chips sold by Quiznos.
  D) a sub sandwich sold by Quiznos.


kjohnson

  • Sr. Member
  • ****
  • Posts: 330
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Everyone has one nostril that is larger than the other.

For a complete list of videos, visit our video library