Price elasticity of demand is the sole determinant of profit for ...

[audragclark]

Price elasticity of demand is the sole determinant of profit for a firm.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Diseconomies of scale are most likely at very low levels of output.
 a. True
  b. False
  Indicate whether the statement is true or false

[connor417]

Answer to Question 1

False

Answer to Question 2

False