If a firm experiences increasing returns to scale at all levels ...

[LaDunn]

If a firm experiences increasing returns to scale at all levels of output:
 a. the slope of its long-run total cost curve is everywhere negative.
 b. the slope of its short-run average cost curve is everywhere negative.
 c. the slope of its long-run average total cost curve is everywhere negative.
  d. the slope of its production function is everywhere negative.

Question 2

Buying a newly issued bond implies:
 a. borrowing money from a private bank.
  b. taking over the ownership of the issuing firm.
  c. lending money to the issuing firm.
  d. paying the price for a service rendered by the issuing firm.
  e. borrowing funds from international organizations.

[nikmaaacs]

Answer to Question 1

c

Answer to Question 2

c

[LaDunn]

Thanks for the timely response, appreciate it

[Mochi]

Excellent