Refer to the graph shown. The shift from SATC3 to SATC4 reflects:
A. diminishing marginal productivity.
B. economies of scale.
C. diseconomies of scale.
D. increasing marginal productivity.
Answer: C
Economics
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The above table has data from the nation of Atlantica. Based on these data, when disposable income equals 8.0 there is
A) dissavings of $0.5 trillion. B) dissavings of $15.5 trillion. C) savings of $15.5 trillion. D) savings of $0.5 trillion. E) dissavings of $7.5 trillion.
Economics
Some economists are concerned that the financial rescue provided by the TARP will encourage financial investors and firms to take on greater risks in the future. This is an example of:
A. moral hazard. B. adverse selection. C. a prisoner's dilemma. D. shadow banking.
Economics