« previous next »

Author Question: Minimum efficient scale refers to the lowest level of output at which A) the firm can earn a ... (Read 18 times)

Engineer

  • Hero Member
  • *****
  • Posts: 527
on: Jul 1, 2018
Minimum efficient scale refers to the lowest level of output at which
 
  A) the firm can earn a profit.
  B) average cost is minimized.
  C) the firm will operate.
  D) the average cost curve is downward sloping.

Question 2

A monopsonist purchaser of labor that could negotiate a different wage for each worker could
 
  A) purchase less labor than a regular monopsonist.
  B) purchase more labor than a regular monopsonist.
  C) rotate the marginal expenditure curve to the left.
  D) shift the marginal expenditure curve to the left.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


moormoney

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

Engineer

  • Hero Member
  • *****
  • Posts: 527
Reply #2 on: Jul 1, 2018
Thank you


moormoney

  • Sr. Member
  • ****
  • Posts: 326
Reply #3 on: Jul 1, 2018
No problemo


« previous next »
 

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Urine output. Urine output.
Test for Depressive Symptoms: CED Scale Test for Depressive Symptoms: CED Scale
Stand in a doorway and hook your fingertips on both sides about chest level or lower. Stand in a doorway and hook your fingertips on both sides about chest level or lower.
The developed countries must reduce the level of greenhouse gas emissions The developed countries must reduce the level of greenhouse gas emissions
Role of Productivity in Determining Output per Worker, 2009 Role of Productivity in Determining Output per Worker, 2009
Share of Hours Worked by Education Level, 1940–2008 Share of Hours Worked by Education Level, 1940–2008
Video: Krebs cycle : Formation of acetyl coenzyme A and Electron transport chain

For a complete list of videos, visit our video library