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

Author Question: The smallest size at which long-run average cost is at its lowest level is called (Read 17 times)

jazziefee

  • Hero Member
  • *****
  • Posts: 505
on: Apr 19, 2019

Question 1

Suppose Fergie's Florist experiences ________ up to a certain point and ________ beyond that point. Its long-run average cost curve is most likely to be U-shaped.


◦ diseconomies of scale; economies of scale
◦ constant returns to scale; economies of scale
◦ diseconomies of scale; constant returns to scale
◦ economies of scale; diseconomies of scale

Question 2

The smallest size at which long-run average cost is at its lowest level is called


◦ the minimum efficient scale.
◦ the maximum efficient scale.
◦ economies of scale.
◦ diseconomies of scale.
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 jazziefee on Apr 19, 2019

bob

  • Sr. Member
  • ****
  • Posts: 343
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 29% of students answer this correctly


jazziefee

  • Hero Member
  • *****
  • Posts: 505
Reply #2 on: Apr 19, 2019
Thanks


bob

  • Sr. Member
  • ****
  • Posts: 343
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Gaser and Schlaug's study of the size of visual, motor, and auditory nuclei in the brains of mu Gaser and Schlaug's study of the size of visual, motor, and auditory nuclei in the brains of mu
Although average brain size increases gradually though time in H. erectus, individuals with small br Although average brain size increases gradually though time in H. erectus, individuals with small br
Fossil Size Fossil Size
Effect of stimulus strength on size of graded potential. Effect of stimulus strength on size of graded potential.
Calculate the weighted-average cost of the following inventory purchases:DateQuantity ... Calculate the weighted-average cost of the following inventory purchases:DateQuantity ...
Bill Size in African Finches Bill Size in African Finches
Video: Asthma Treatment

For a complete list of videos, visit our video library