Economies of scale yield a. declining average cost as output ...

[newbem]

Economies of scale yield
 a. declining average cost as output increases
  b. declining marginal cost as output increases
  c. declining total cost as output increases
  d. diminishing average returns as output increases
  e. increasing marginal revenue as output increases

Question 2

One goal of political action committees is to
 a. encourage people to become more active in politics
  b. engage in rent seeking
  c. help raise funds for government agencies
  d. evade taxes
  e. make it easier for legislators to accept the median voter model

[dlook33]

Answer to Question 1

A

Answer to Question 2

B

[newbem]

Thanks for the timely response, appreciate it

[nanny]

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