Author Question: All of these factors create economies of scale, except a. Specialization and Division of Labor b. ... (Read 84 times)

plus1

  • Hero Member
  • *****
  • Posts: 676
All of these factors create economies of scale, except
 a. Specialization and Division of Labor
  b. Technological Factors
  c. Increase in advertisement costs
  d. Quantity discounts

Question 2

If the cross price elasticity measured between items A and B is positive, the two products are referred to as:
 a. complements
  b. substitutes
  c. inelastic as compared to each other
  d. both b and c
  e. a, b, and c



leannegxo

  • Sr. Member
  • ****
  • Posts: 374
Answer to Question 1

c

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

For a complete list of videos, visit our video library