Author Question: Diseconomies of scale are also known as a. Increasing returns to scale b. Decreasing returns to ... (Read 122 times)

madam-professor · **on:** Jul 1, 2018

Diseconomies of scale are also known as
a. Increasing returns to scale
b. Decreasing returns to scale
c. Constant returns to scale
d. None of the above

Question 2

Jim is haggling with a car dealer, along with another customer, over the sale price of a used car. When he entered the store, the storekeeper was already haggling with the other customer. As Jim makes an offer on the car, the other customer leaves the store, and the storekeeper accepts Jim's offer. This is because
a. The storekeeper's disagreement value decreased
b. The storekeeper's disagreement value increased
c. The storekeeper's disagreement value did not change
d. None of the above