The long run average cost curve may initially slope downward due ...

[Chelseaamend]

The long run average cost curve may initially slope downward due to
 
  A) decreasing average fixed costs.
  B) increasing marginal returns.
  C) economies of scale.
  D) All of the above.

Question 2

Pizza joints often offer substantially lower prices for pizza picked up at the shop than for delivered pizzas even though they charge a delivery fee. This may be an attempt at
 
  A) perfect price discrimination.
  B) group price discrimination.
  C) quantity discrimination.
  D) second-degree price discrimination.

[tranoy]

Answer to Question 1

C

Answer to Question 2

B

[Chelseaamend]

Thank you

[tranoy]

No problemo