Solved

Many Universities Have Either a Top Football Program OR a Top

Question 33

Multiple Choice

Many universities have either a top football program OR a top basketball program.Very few have both.These results suggest the presence of

A) economies of scope.
B) diseconomies of scope.
C) returns to scale.
D) the law of diminishing marginal returns.

Related Questions

Q28: If average cost is positive, A) marginal cost

Q29: Suppose that each worker must use only

Q30: If there are diseconomies of scale within

Q31: In the long run,fixed costs are A) sunk. B)

Q32: In the long run,the expansion path is A)

Q34: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6808/.jpg" alt=" -The long-run average

Q35: Economic efficiency entails A) producing a given amount

Q36: Which of the following will cause the

Q37: What are the functions for MC and

Q38: Long-run average cost is never greater than