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Author Question: A short-run average total cost curve will touch the long-run average cost curve at a level of output only (Read 64 times)

kmoyer2

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on: Oct 12, 2022
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.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by kmoyer2 on Oct 12, 2022

dsd1212

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Reply #1 on: Oct 12, 2022
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.
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kmoyer2

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

Joy Chen

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Reply 3 on: Yesterday
Excellent

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