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Author Question: If a firm experiences increasing returns to scale at all levels of output: a. the slope of its ... (Read 82 times)

LaDunn

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on: Jun 30, 2018
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.


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nikmaaacs

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

c


LaDunn

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Reply 2 on: Jun 30, 2018
:D TYSM

bblaney

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Reply 3 on: Yesterday
Excellent

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