Author Question: The region of economies of scale is that in which: a. short-run marginal cost is falling as output ... (Read 53 times)

JMatthes · **on:** Jun 30, 2018

The region of economies of scale is that in which:
a. short-run marginal cost is falling as output expands.
b. short-run average total cost is falling as output expands.
c. long-run marginal cost is falling as output expands.
d. long-run average total cost is falling as output expands.

Question 2

The maturity date of a bond is:
a. the date on which the lender receives the coupon from the borrower.
b. the date on which the borrower takes the loan.
c. the date on which the bond is bought by an individual from the firm.
d. the specified time at which the borrower repays the loan.
e. the specified time at which the borrower sells the bond held by him to someone else.