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Author Question: Related to the Economics in Practiceon page 193. The search engine business, which includes ... (Read 44 times)

mmm

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on: Apr 19, 2019

Question 1

Refer to the information provided in Figure 9.6 below to answer the question(s) that follow. 









Refer to Figure 9.6. Assume this firm is in a constant-cost industry. For this firm to ________, the firm must be producing 
q
3 units of output.


◦ be experiencing diseconomies of scale
◦ need to shut down
◦ be in long-run equilibrium
◦ need to cut back on production to lower average costs

Question 2

Related to the 
Economics in Practice on page 193. The search engine business, which includes companies like Google and Bing, is subject to economies of scale. This means that as the use of a search engine such as Google ________, the long-run cost to provide additional searches on this engine will likely ________.


◦ increases; rise
◦ increases; fall
◦ decreases; fall
◦ increases or decreases; stay the same
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by mmm on Apr 19, 2019

JYan

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mmm

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

tkempin

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Reply 3 on: Yesterday
Excellent

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