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Author Question: The ability to lower the average costs over total production as more products are introduced a. ... (Read 75 times)

Sufayan.ah

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on: Jul 1, 2018
The ability to lower the average costs over total production as more products are introduced
 a. Economies of scale
 b. Economies of Scope
 c. Diseconomies of Scale
  d. Diseconomies of Scope

Question 2

John Nash, the mathematician responsible for the Nash equilibrium, also proved that any reasonable bargaining outcome would
 a. Split the gains from trade
 b. Allocate the gains from trade to the seller
  c. Allocate the gains from trade to the buyer
  d. All of the above


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katheyjon

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Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

a


Sufayan.ah

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

blakcmamba

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Reply 3 on: Yesterday
Excellent

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