This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: For a given pair of production outputs, the degree of economies of scope: A) is constant across ... (Read 22 times)

DelorasTo

  • Hero Member
  • *****
  • Posts: 548
on: Jul 1, 2018
For a given pair of production outputs, the degree of economies of scope:
 
  A) is constant across different output levels.
  B) only increases as the level of output increases.
  C) may increase or decrease with output.
  D) will always tend to zero as output becomes very large.

Question 2

Refer to Figure 2.1. At point E, demand is:
 
  A) completely inelastic.
  B) inelastic, but not completely inelastic.
  C) unit elastic.
  D) elastic, but not infinitely elastic.
  E) infinitely elastic.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Missbam101

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

A


DelorasTo

  • Hero Member
  • *****
  • Posts: 548
Reply #2 on: Jul 1, 2018
Correct answers!


Missbam101

  • Sr. Member
  • ****
  • Posts: 341
Reply #3 on: Jul 1, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Mechanism of action of anti-parkinson drugs. (a) Levodopa therapy increases dopamine production; (b) ... Mechanism of action of anti-parkinson drugs. (a) Levodopa therapy increases dopamine production; (b) ...
Human of the planet's net primary production and appropriation of NPP Human of the planet's net primary production and appropriation of NPP
The growth of GHG emissions is greatest in the rapidly growing economies of India and China The growth of GHG emissions is greatest in the rapidly growing economies of India and China
Lone-parent household income and the degree of vulnerability Lone-parent household income and the degree of vulnerability
The consequences of base-pair substitutions The consequences of base-pair substitutions
Video: Buffers definition and the role of buffer in the body

For a complete list of videos, visit our video library