This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the long run, firms in many industries often experience a falling average total cost curve as a ... (Read 20 times)

sheilaspns

  • Hero Member
  • *****
  • Posts: 567
on: Jun 30, 2018
In the long run, firms in many industries often experience a falling average total cost curve as a result of:
 a. gains through trade.
  b. increasing marginal returns.
  c. economies of scale.
  d. lower fixed costs.

Question 2

Which of these factors can explain the short recession experienced by the U.S. in 2001?
 a. Terrorist attacks
 b. The stock market crash
 c. Bursting of the real estate bubble
  d. A rise in international oil prices
  e. Expenditure on war


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amandalm

  • Sr. Member
  • ****
  • Posts: 306
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

a


sheilaspns

  • Hero Member
  • *****
  • Posts: 567
Reply #2 on: Jun 30, 2018
Thank you :)


amandalm

  • Sr. Member
  • ****
  • Posts: 306
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus
Solution (Polynomial Long Division) Solution (Polynomial Long Division)
Cost Savings with an EHR System Cost Savings with an EHR System
Bacteria growth curve Bacteria growth curve
Part of a Semantic Network in Long-Term Memory Part of a Semantic Network in Long-Term Memory
An 82-kg painter stands on a long horizontal board 1.55 m from one end. This 27-kg board is ... An 82-kg painter stands on a long horizontal board 1.55 m from one end. This 27-kg board is ...
Video: Krebs cycle : Formation of acetyl coenzyme A and Electron transport chain

For a complete list of videos, visit our video library