This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Every point on a Ushaped long-run average cost curve represents (Read 42 times)

SGallaher96

  • Hero Member
  • *****
  • Posts: 509
on: Apr 19, 2019

Every point on a U‐shaped long-run average cost curve represents


◦ the minimum cost at which the associated output level can be produced when the scale of plant can be changed.
◦ the minimum point of the associated short-run average cost curve.
◦ the minimum cost at which the associated output level can be produced when the scale of plant cannot be changed.
◦ both the minimum cost at which the associated output level can be produced when the scale of plant can be changed and the minimum point of the associated short-run average cost curve.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by SGallaher96 on Apr 19, 2019

ecabral0

  • Sr. Member
  • ****
  • Posts: 310
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.
Answer Preview
Only 42% of students answer this correctly


SGallaher96

  • Hero Member
  • *****
  • Posts: 509
Reply #2 on: Apr 19, 2019
Thank you!


ecabral0

  • Sr. Member
  • ****
  • Posts: 310
Reply #3 on: Apr 19, 2019
Always glad to help...


« previous next »
 

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Menstrual cycle summary based on a 28-day (average) menstrual cycle. Menstrual cycle summary based on a 28-day (average) menstrual cycle.
Long-day stimulation of flower development in Arabidopsis. Long-day stimulation of flower development in Arabidopsis.
This girl has a long leg cast, which was applied after surgery to correct her clubfoot. This girl has a long leg cast, which was applied after surgery to correct her clubfoot.
One-point linear perspective. One-point linear perspective.
A wave whose wavelength is 0.500 m is traveling down a 500-m long wire whose total mass is 25 ... A wave whose wavelength is 0.500 m is traveling down a 500-m long wire whose total mass is 25 ...
Long division of polynomials Long division of polynomials
Video: DNA Replication Factory and Protein

For a complete list of videos, visit our video library