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Author Question: If unit costs decrease as the quantity of production increases and all inputs are variable, then a ... (Read 59 times)

kwoodring

  • Hero Member
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  • Posts: 560
on: Jun 30, 2018
If unit costs decrease as the quantity of production increases and all inputs are variable, then a firm is experiencing
 A) constant returns to scale.
  B) economies of scale.
  C) diseconomies of scale.
  D) falling economies of scope.

Question 2

_____ is a process in which parties initially in disagreement attempt to reach an agreement.
 a. Strategic voting
  b. Negotiation
  c. Borda count
  d. Median voting


kescobar@64

  • Sr. Member
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  • Posts: 324
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


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