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Author Question: Increasing returns A) causes marginal cost to remain constant. B) causes marginal cost to rise. ... (Read 232 times)

dollx

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Increasing returns
 A) causes marginal cost to remain constant.
  B) causes marginal cost to rise.
  C) causes marginal cost to fall.
  D) causes marginal product to rise but then fall.

Question 2

Being first only works
 A) if accounting profits are earned in the first year.
  B) if the entrepreneur has the working capital of a large firm.
  C) in a winner take all situation.
  D) all of these choices.



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SomethingSomething

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Answer to Question 1

C

Answer to Question 2

C




dollx

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


tandmlomax84

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Reply 3 on: Yesterday
Excellent

 

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