« previous next »

Author Question: If the minimum efficient scale in woodstove production is 100,000 units per year, a. the average ... (Read 80 times)

ereecah

  • Hero Member
  • *****
  • Posts: 530
on: Jun 30, 2018
If the minimum efficient scale in woodstove production is 100,000 units per year,
 a. the average cost of producing 50,000 stoves is greater than the average cost of producing 100,000
  b. the average cost of producing 50,000 stoves is equal to the average cost of producing 100,000
  c. the total cost of producing 50,000 stoves is greater than the total cost of producing 100,000
  d. the firm should not produce more than 100,000 woodstoves
  e. MC exceeds AC at 100,000 stoves

Question 2

Under the gold standard, each country had little control over its own monetary policies.
 a. True
  b. False


Joy Chen

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Primary production is constrained by the most limiting factor. Primary production is constrained by the most limiting factor.
In the past year, about one in five adults in the United States reported symptoms of anxiety ... In the past year, about one in five adults in the United States reported symptoms of anxiety ...
Test for Depressive Symptoms: CED Scale Test for Depressive Symptoms: CED Scale
Average Pulse Rates by Age Average Pulse Rates by Age
Distribution of Thunderstorms: Approximately 14.5 million thunderstorms occur each year across the ... Distribution of Thunderstorms: Approximately 14.5 million thunderstorms occur each year across the ...
World Crude Oil Production, 1900–2010 World Crude Oil Production, 1900–2010
Video: Introduction to Breast Cancer

For a complete list of videos, visit our video library