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

Author Question: When long-run average costs increase as output increases, there are A) economies of scale. B) ... (Read 143 times)

bcretired

  • Hero Member
  • *****
  • Posts: 525
on: Jun 29, 2018
When long-run average costs increase as output increases, there are
 
  A) economies of scale.
  B) diseconomies of scale.
  C) constant returns to scale.
  D) constant marginal costs.

Question 2

The outcome from a voucher scheme is efficient when the government makes the value of the voucher equal to ________.
 
  A) marginal external cost
  B) marginal external benefit
  C) external cost
  D) external benefit


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

meow1234

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


bcretired

  • Member
  • Posts: 525
Reply 2 on: Jun 29, 2018
Gracias!

patma1981

  • Member
  • Posts: 292
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

The mortality rate in the United States increases with age and is lower for women than men at every ... The mortality rate in the United States increases with age and is lower for women than men at every ...
The major cortical input and output pathways of the dorsolateral prefrontal association cortex. ... The major cortical input and output pathways of the dorsolateral prefrontal association cortex. ...
Too Much Alcohol Costs You Good Nutrition Too Much Alcohol Costs You Good Nutrition
Inferring Productivity from Data on Output and Factor Accumulation Inferring Productivity from Data on Output and Factor Accumulation
Greater Long-nosed Tree Shrew (Tupaia tana), Borneo and Sumatra. Greater Long-nosed Tree Shrew (Tupaia tana), Borneo and Sumatra.
Long bone formation Long bone formation
Video: Cataract

For a complete list of videos, visit our video library