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Author Question: Generally, marginal costs ____ as quantity increases? A) rise. B) fall. C) remain constant. D) ... (Read 85 times)

james

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Generally, marginal costs ____ as quantity increases?
 A) rise.
  B) fall.
  C) remain constant.
  D) equal marginal benefits.
  E) equal total costs.

Question 2

An industry with only three large equally-sized firms would have the same four firm concentration ratio but a higher Herfindahl-Hirshman Index compared to an industry with only four equally sized firms.
 a. True
  b. False
  Indicate whether the statement is true or false



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Jordin Calloway

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Answer to Question 1

A

Answer to Question 2

True





 

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