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

Author Question: Each potential short-run average total cost curve is tangent to the long-run average cost curve at: ... (Read 136 times)

KWilfred

  • Hero Member
  • *****
  • Posts: 570
Each potential short-run average total cost curve is tangent to the long-run average cost curve at:
 a. the level of output that minimizes short-run average total cost.
  b. the minimum point of the average total cost curve.
  c. the minimum point of the long-run average cost curve.
  d. a single point on the short-run average total cost curve.

Question 2

Which of these is a supply-side approach to increase growth?
 a. Spending on the construction and repair of state highways
  b. Providing tax benefits to start-up companies
 c. Investing in the production of arms and ammunitions
 d. Replacing old aircrafts with new fighter planes
 e. Increasing transfer payments to retirees



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bulacsom

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

d

Answer to Question 2

b




KWilfred

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
Wow, this really help


Sarahjh

  • Member
  • Posts: 370
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

For a complete list of videos, visit our video library