Economies of scale occur when the percentage increase in output
A) exceeds the percentage increase in all inputs.
B) is less than the percentage increase in all inputs.
C) exceeds the percentage decrease in all inputs.
D) is less than the percentage decrease in all inputs.
A
Economics
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A prolonged period during which stock prices continue to decline is known as a
a. bear market b. bull market c. crash d. depression e. none of these
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When the government pays part of my university education, it is
A. internalizing an external cost. B. using direct regulation to discourage an external cost. C. using taxes to discourage an external cost. D. subsidizing an external benefit.
Economics