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 71 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?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

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?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Interaction web of factors that might influence locust population size. Interaction web of factors that might influence locust population size.
Relationship between winter rainfall and chuckwalla, Sauromalus, size Relationship between winter rainfall and chuckwalla, Sauromalus, size
People whose behaviors violate norms are often called mentally ill. “Why else would they do such ... People whose behaviors violate norms are often called mentally ill. “Why else would they do such ...
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
Composition of a long bone Composition of a long bone
A lesion called a plaque in the brain of an individual with Alzheimer disease. A ring of degeneratin A lesion called a plaque in the brain of an individual with Alzheimer disease. A ring of degeneratin
Video: Genetic terms Animation

For a complete list of videos, visit our video library