In a constant-cost industry, input prices remain constant as: a. ...

[jho37]

In a constant-cost industry, input prices remain constant as:
 a. the supply of inputs fluctuates.
  b. firms encounter diseconomies of scale.
  c. workers become more experienced.
  d. firms enter and exit the industry.

Question 2

A util:
 a. can measure satisfaction with factual accuracy.
  b. is not a valid concept.
  c. applies to a good but not to a service.
  d. is purely a fictitious measure of the satisfaction a consumer derives from a product.
  e. can be used in place of money in some countries.

[jessofishing]

Answer to Question 1

d

Answer to Question 2

d

[jho37]

Gracias!

[ecabral0]

TYSM