When long-run average cost remains constant as output increases ...

[NClaborn]

When long-run average cost remains constant as output increases there are constant
 
  A) marginal returns.
  B) returns to scale.
  C) economies of scale.
  D) diseconomies of scale.

Question 2

If people suddenly start to expect the price of oil to rise less rapidly than the interest rate, the demand for oil ________ and the supply of oil ________.
 
  A) increases; increases
  B) increases; decreases
  C) decreases; decreases
  D) decreases; increases

[dyrone]

Answer to Question 1

B

Answer to Question 2

D

[NClaborn]

Thanks for the timely response, appreciate it

[Laurenleakan]

Gracias!