Transaction costs increase the economic value of an exchange. ...

[danielfitts88]

Transaction costs increase the economic value of an exchange.
  Indicate whether the statement is true or false

Question 2

When more and more units of a variable factor are combined with constant amount of a fixed factor, such that the variable factor becomes abundant compared to the fixed factor, the output will eventually:
 a. increase at an increasing rate.
  b. increase at a diminishing rate.
  c. increase at a constant rate.
  d. become constant.
  e. fall to zero.

[ErinKing]

Answer to Question 1

F

Answer to Question 2

b

[danielfitts88]

Gracias!

[Liamb2179]

Excellent