Suppose the Cost of Producing Two Goods,x and Y,can Be

question 104

Multiple Choice

Suppose the cost of producing two goods,x and y,can be represented as C = ax + by + cxy.If the measure of economies of scope,SC,is zero,then which of the following must be TRUE?

• A) a = b
• B) a + b = -c
• C) c = 0
• D) a = -b

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Definitions:

Ferries

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Screening Techniques

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Transition

A means of smoothly connecting different parts of a text or speech to ensure a coherent flow of ideas.

Advance Organizer

An instructional technique that involves presenting information that is organized in advance of learning to facilitate better understanding.