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Author Question: A firm is producing output less than the output associated with the minimum point on the firm's ... (Read 161 times)

imanialler

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on: Apr 19, 2019

Question 1

In the short run, a firm using variable labor and fixed capital inputs achieves the ________ level of output at the minimum point on its average total cost curve.


◦ efficient
◦ highest cost
◦ least efficient
◦ only possible

Question 2

A firm is producing output less than the output associated with the minimum point on the firm's short run average variable cost curve. At this level of output the firm uses its fixed capital input ________ and its variable labor input ________.


◦ efficiently; efficiently
◦ efficiently; inefficiently
◦ inefficiently; efficiently
◦ inefficiently; inefficiently
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by imanialler on Apr 19, 2019

wuly

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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imanialler

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Reply #2 on: Apr 19, 2019
TY


wuly

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Reply #3 on: Apr 19, 2019
You're welcome


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