This topic contains a solution. Click here to go to the answer

Author Question: If a firm experiences increasing returns to scale at all levels of output: a. the slope of its ... (Read 80 times)

LaDunn

  • Hero Member
  • *****
  • Posts: 526
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nikmaaacs

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

c

Answer to Question 2

c




LaDunn

  • Member
  • Posts: 526
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


LVPMS

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

For a complete list of videos, visit our video library