All of the following are sources of increasing returns and economies of scale except:
A. network effects.
B. the multiplier effect.
C. learning by doing.
D. simultaneous consumption.
B. the multiplier effect.
Economics
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Economists use different definitions of money because
A) deposits can be domestic or international. B) deposits may be held at banks or savings and loans. C) it is not always clear which assets are used primarily as money. D) there are differences in the frequency with which depositors use their accounts.
Economics
Refer to the figure above. If the relative price of S were to increase, then the price line would
A) shift out in a parallel fashion. B) shift in in a parallel fashion. C) become steeper. D) become flatter.
Economics