This topic contains a solution. Click here to go to the answer

Author Question: If long run average costs fall with output, you have a. Increasing returns to scale b. Decreasing ... (Read 68 times)

meagbuch

  • Hero Member
  • *****
  • Posts: 568
If long run average costs fall with output, you have
 a. Increasing returns to scale
  b. Decreasing returns to scale
  c. Constant returns to scale
 d. None of the above

Question 2

When buying a car from a dealership, to get the best bargain
 a. Allow the dealership to make the first offer
 b. Keep a cushion of bargaining space in the quoted price
  c. Make a take it or leave it offer
 d. All of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kjo;oj

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

a

Answer to Question 2

c




meagbuch

  • Member
  • Posts: 568
Reply 2 on: Jul 1, 2018
Excellent


T4T

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

For a complete list of videos, visit our video library