Author Question: If long run average costs rise with output, you have a. Increasing returns to scale b. Decreasing ... (Read 56 times)

809779

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If long run average costs rise 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 dealer, to get a better bargaining position
 a. Always carry your check book to show willingness to buy
  b. Carry only blank checks to ease the transaction
 c. Carry a cashier check that cannot be modified
 d. All of the above



Bigfoot1984

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Answer to Question 1

b

Answer to Question 2

c



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