This topic contains a solution. Click here to go to the answer

Author Question: A short-run average total cost curve will touch the long-run average cost curve at a level of output only (Read 89 times)

kmoyer2

  • Full Member
  • ***
  • Posts: 140
A short-run average total cost curve will touch the long-run average cost curve at a level of output only
◦ when the quantity of the fixed factor being employed is at the optimal level for that level of output.
◦ where the short-run cost curve is upward sloping.
◦ where the short-run cost curve is downward sloping.
◦ by coincidence.
◦ where the short-run cost curve is downward-sloping and the quantity of the fixed factor is optimal.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by kmoyer2 on Oct 12, 2022

dsd1212

  • Full Member
  • ***
  • Posts: 176
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 25% of students answer this correctly




kmoyer2

  • Member
  • Posts: 140
Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it


ryansturges

  • Member
  • Posts: 338
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

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.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

For a complete list of videos, visit our video library