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Author Question: If long run average costs rise with output, you have a. Increasing returns to scale b. Decreasing ... (Read 72 times)

809779

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on: Jul 1, 2018
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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Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

c


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