« previous next »

Author Question: Which of these statements are FALSE a. If production exhibits diseconomies of scope, firm should ... (Read 40 times)

c0205847

  • Hero Member
  • *****
  • Posts: 531
on: Jul 1, 2018
Which of these statements are FALSE
 a. If production exhibits diseconomies of scope, firm should reduce the number of products to reduce costs.
  b. If production exhibits diseconomies of scope, firm should increase the number of products to reduce costs.
  c. If production exhibits economies of scope, firm should increase the number of products to reduce costs.
  d. If production exhibits economies of scope, firm should increase the number of products to reduce costs.

Question 2

In a coin toss bet, where both heads and tails are equally likely, you win a 2 on heads but lose 1 on tails. The expected value of the bet is
 a. 0.50
 b. -0.50
  c. 1.00
 d. 0.00


olivia_paige29

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

El Niño and areas of high marine primary production around the Galapagos Islands. Noti El Niño and areas of high marine primary production around the Galapagos Islands. Noti
Abdominal thrusts are delivered with a firm thrust into the patient’s abdomen with an upward ... Abdominal thrusts are delivered with a firm thrust into the patient’s abdomen with an upward ...
Modern Predication of Peak in Global Oil Production Modern Predication of Peak in Global Oil Production
Vitamin C contributes to healthy, glowing skin by facilitating the production of collagen Vitamin C contributes to healthy, glowing skin by facilitating the production of collagen
The Production Function The Production Function
E9-23 Prepare income statements Explain the difference in operating income E9-23 Prepare income statements Explain the difference in operating income
Video: Ultrasound of a Fetus (Sonogram)

For a complete list of videos, visit our video library