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 94 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?

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.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Long-term studies of the Glanville fritillary butterfly, Melitaea cinxia, have provided exceptional Long-term studies of the Glanville fritillary butterfly, Melitaea cinxia, have provided exceptional
Local/long distance cell Signaling Local/long distance cell Signaling
Gross Anatomy of a Long Bone Gross Anatomy of a Long Bone
The S-curve in the human vertebral column--a result of the evolution of bipedality--makes humans hig The S-curve in the human vertebral column--a result of the evolution of bipedality--makes humans hig
The Hippocampal Formation and Long-Term Potentiation The Hippocampal Formation and Long-Term Potentiation
A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ... A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ...
Video: Primary and secondary response to infection

For a complete list of videos, visit our video library