Author Question: Economies of scale can result from A) larger machines. B) specialization. C) large purchases. ... (Read 80 times)

colton · **on:** Jun 30, 2018

Economies of scale can result from
A) larger machines.
B) specialization.
C) large purchases.
D) all of these choices.

Question 2

Utility possibility frontier shows:
a. the possible combinations of utility that an efficient bargain can get the negotiating parties.
b. the exact bargain at which the negotiating parties eventually arrive.
c. the highest utility each negotiating party can individually achieve.
d. the possible combinations that maximize payoffs to the negotiating parties.