Author Question: If a firm is experiencing economies of scale, then the long-run average cost curve is A) falling. ... (Read 124 times)

@Brianna17

  • Hero Member
  • *****
  • Posts: 550
If a firm is experiencing economies of scale, then the long-run average cost curve is
 A) falling.
  B) rising.
  C) horizontal.
  D) shifting.

Question 2

Which of the following is an example of a zero-sum game?
 a. Jill decides to buy a television set from Jack for 500.
  b. Angela buys a jacket worth 30 from the apparel store near her apartment.
  c. Rachel decides to buy Sarah's couch and is willing to pay whatever price Sarah might ask for it.
  d. Joanna buys a camera at a Thanksgiving sale and gets a tripod free.



elyse44

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

For a complete list of videos, visit our video library