Author Question: The ability to lower the average costs of production as the quantity produced increases is called ... (Read 66 times)

ssal

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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

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Answer to Question 1

a

Answer to Question 2

a



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