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Eddi Din [679]
3 years ago
9

Suppose that the government decides to issue tradable permits for a certain form of pollution.

Business
1 answer:
ddd [48]3 years ago
6 0

Answer:

1) False

2) True

Explanation:

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If a firm is experiencing _____________________, then as the quantity of output rises, the average cost of production rises. dec
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Answer: Decreasing returns to scale

Explanation: In simple words, decreasing returns to scale can be defined as the situation in which for every increase in 1 unit of output one has to invest more than 1 one unit of input.

In decreasing returns to scale the cost of production increases with level of production made.

Hence the right answer is option A.

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Open it to attract customers 
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If there is a high demand for a product, the price for that product will
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lower

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As people would make a smaller profit but more if it accumulating it to get bigger than expensive with less sales.

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Blue Inc., a highly profitable consumer goods manufacturing company, invests in a number of social responsibility initiatives th
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Virtuous Circle

Explanation:

Virtuous circle occurs when one good events feeds on itself to improve business further. In the question, blue inc. invested in social responsibilities initiative (a good event) which on turn generated profits for the company (improved the business), probably by the event leading them to having more loyal customers.

It is a self propagating advantageous situation in which a successful solution or events leads to more desired results or success. It creates a positive feedback loop, creating goodwill with the customers.

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If you exhibit the endowment effect as a decision maker, then you are ____
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ignoring non-monetary opportunity costs.

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