Author Question: The ability to lower the average costs of production as the quantity produced increases is called ... (Read 64 times)

ssal

  • Hero Member
  • *****
  • Posts: 572
The ability to lower the average costs of production as the quantity produced increases is called
 a. Economies of scale
 b. Economies of scope
 c. Diseconomies of scale
  d. Diseconomies of scope

Question 2

Jill, a bookkeeper, just received an attractive offer from an outside firm and so she asks for a raise from her current employer. She would be in a strong bargaining position because
 a. Her value for disagreement has increased
 b. Her value for disagreement has decreased
  c. Her value for disagreement has not changed
  d. Her value for agreement has not changed



Beatricemm

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

a

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

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

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

For a complete list of videos, visit our video library