« previous next »

Author Question: If Quick Auto Service increases the size of its shop, enabling it to purchase cost-saving capital ... (Read 47 times)

notis

  • Hero Member
  • *****
  • Posts: 596
on: Jun 29, 2018
If Quick Auto Service increases the size of its shop, enabling it to purchase cost-saving capital equipment so that the cost of servicing a car falls, this would be an example of
 
  A) economies of scope.
  B) economies of scale.
  C) monitoring.
  D) increasing transactions costs.

Question 2

A constant marginal rate of substitution between two goods implies that they are
 
  A) perfect complements.
  B) perfect substitutes.
  C) independent goods.
  D) unattainable.


Mochi

  • Sr. Member
  • ****
  • Posts: 300
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

notis

  • Hero Member
  • *****
  • Posts: 596
Reply #2 on: Jun 29, 2018
Correct answers!


Mochi

  • Sr. Member
  • ****
  • Posts: 300
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

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?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Relationship between body size and seed size in Galapagos finch species Relationship between body size and seed size in Galapagos finch species
Chart depicting pupillary size in millimeters Chart depicting pupillary size in millimeters
Australopithecus sediba shares small brain size with other members of Australopithecus but also has Australopithecus sediba shares small brain size with other members of Australopithecus but also has
The Two-Step Persuasion Technique to Encourage Community Service The Two-Step Persuasion Technique to Encourage Community Service
The signal voltage from a throttle position increases as the throttle is opened because the wiper ... The signal voltage from a throttle position increases as the throttle is opened because the wiper ...
Mechanism of action of anti-parkinson drugs. (a) Levodopa therapy increases dopamine production; (b) ... Mechanism of action of anti-parkinson drugs. (a) Levodopa therapy increases dopamine production; (b) ...
Video: Requirements for nervous signals

For a complete list of videos, visit our video library