« previous next »

Author Question: If all inputs are increased by 5 percent and output increases by 8 percent, then the A) firm ... (Read 64 times)

mckennatimberlake

  • Hero Member
  • *****
  • Posts: 559
on: Jun 29, 2018
If all inputs are increased by 5 percent and output increases by 8 percent, then the
 
  A) firm experiences constant returns to scale.
  B) long-run average cost curve slopes downward.
  C) long-run average cost curve shifts downward.
  D) firm experiences diseconomies of scale.

Question 2

Consider a market in which there is an external benefit. A private subsidy paid to producers can be used to arrive at the efficient market equilibrium because the subsidy will
 
  A) increase the quantity produced.
  B) decrease the supply of the good.
  C) increase the price demanders pay.
  D) decrease demand.


SeanoH09

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

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?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Inputs and Outputs of the Lateral Zone of the Cerebellar Cortex Inputs and Outputs of the Lateral Zone of the Cerebellar Cortex
A rapidly vibrating needle at idle that becomes steady as engine speed is increased indicates worn ... A rapidly vibrating needle at idle that becomes steady as engine speed is increased indicates worn ...
AC ripple at the output terminal of the battery is more accurate than testing at the battery due ... AC ripple at the output terminal of the battery is more accurate than testing at the battery due ...
Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ... Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ...
Changing Patterns of Climate increased drought Changing Patterns of Climate increased drought
Summary of the inputs and outputs of photosynthesis. Summary of the inputs and outputs of photosynthesis.
Video: Sister chromatids of a metaphase chromosome animation

For a complete list of videos, visit our video library