If a firm increases its output in the ________ and unit costs ________, then the firm is experiencing ________ of scale.
A) long-run; decrease; economies
B) short-run; decrease; economies
C) long-run; decrease; diseconomies
D) short-run; decrease; diseconomies
E) long-run; increase; economies
Question 2
The HO model predicts that once trade begins factor prices will equalize between countries. This result occurs because of the assumption of
A) identical technology sets available to each country.
B) constant opportunity costs.
C) one factor of production.
D) free international mobility of factors.
Controlled cold compression unit.
When the exhaust is rich, the output of a zirconia oxygen sensor is above 450 mV.
The population of Asia increases rapidly, the demand for food and water is also growing
50-Unit Insulin Syringe
If P(θ) = (√3 /2, -1/ 2), determine the coordinates of P (θ + 90 °) using the unit circle
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...