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: All of the following products have relatively inelastic demand EXCEPT a. a physician's services. c. stereo equipment. b. tobacco products. d. prescription drugs
Weegy: All of the following products have relatively inelastic demand EXCEPT c. stereo equipment. (More)
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Expert Answered
Asked 9/25/2013 9:22:47 AM
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Economists describe an unintended side effect of a business activity as an externality
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Updated 10/8/2013 11:57:25 AM
1 Answer/Comment

Economists describe an unintended side effect of a business activity as an externality. This is TRUE

Added 10/8/2013 11:57:25 AM
This answer has been added to the Weegy Knowledgebase
Factors that cause a producer s average cost per unit to fall while output rises are known as _____. a. franchise scale b. price discrimination c. economics of scale d. market power scale
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Not Answered
Updated 1/15/2015 7:35:44 PM
1 Answer/Comment
Factors that cause a producer’s average cost per unit to fall while output rises are known as Economics of scale.

Added 1/15/2015 7:35:44 PM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by selymi [2/26/2015 11:24:05 PM]
Factors that cause a producer’s average cost per unit to fall while output rises are known as _____. a. franchise scale b. price discrimination c. economics of scale d. market power scale
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Not Answered
Updated 1/26/2014 6:41:24 PM
1 Answer/Comment
Factors that cause a producer’s average cost per unit to fall while output rises are known as: c. ECONOMICS OF SCALE.
Added 1/26/2014 6:41:24 PM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by yumdrea [1/26/2014 6:48:15 PM]
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