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Author Question: If output is increased in the long-run, then in the presence of internal economies of scale the ... (Read 113 times)

TFauchery

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on: Jun 30, 2018
If output is increased in the long-run, then in the presence of internal economies of scale the number of firms will ________, and in the presence of constant external returns to scale the number of firms will ________.
 
  A) decrease; decrease
  B) increase; remain constant
  C) remain constant; increase
  D) decrease; remain constant
  E) increase; decrease

Question 2

________ would likely oppose policies that allowed foreign workers to immigrate more freely.
 
  A) Domestic labor
  B) Domestic capital
  C) Both domestic labor and capital
  D) Neither domestic labor nor capital


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frogdreck123456

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

A


TFauchery

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Reply #2 on: Jun 30, 2018
Thank you :)


frogdreck123456

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Reply #3 on: Jun 30, 2018
Happy to help you


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