« previous next »

Author Question: Which of these statements are FALSE a. If production exhibits diseconomies of scope, firm should ... (Read 53 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?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

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?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

False Solomons Seal False Solomons Seal
Prolonged abuse leads to production of stress hormones that can lead to a cascade of effects ... Prolonged abuse leads to production of stress hormones that can lead to a cascade of effects ...
British Iron Production, 1600–1870 British Iron Production, 1600–1870
The Production of Cytotoxic T-lymphocytes (CTLs) The Production of Cytotoxic T-lymphocytes (CTLs)
Stem Cell Production Stem Cell Production
Complete the following production chart and plot the points. Complete the following production chart and plot the points.
Video: Neuron Type Animation

For a complete list of videos, visit our video library