Diseconomies of scale exist over the range of output for which the long-run average cost curve is:
A. constant.
B. falling.
C. rising.
D. subject to diminishing returns.
Answer: C
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Using the data in the above table, the labor force participation rate is
A) 60.8 percent. B) 56 percent. C) 4.8 percent. D) 61.6 percent. E) 64.4 percent.
How might Gap take advantage of economies of scale by combining concept stores into one store?
What will be an ideal response?
The public, by raising the currency-to-deposit ratio, ________ the deposit creation multiplier, ________ the money supply
A) raises, and raises B) raises, yet does not affect C) lowers, yet does not affect D) lowers, and lowers E) does not affect, yet raises
Statistical studies suggest that the cost of direct controls for any target level of pollution is
a. much higher than the cost of taxes on emissions. b. about the same as the cost of taxes on emissions. c. lower than the cost of taxes on emissions. d. impossible to compare to the cost of taxes on emissions.