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

Author Question: When a firm is no longer able to reduce its long-run average cost by expanding, it has achieved its ... (Read 20 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
on: Jun 30, 2018
When a firm is no longer able to reduce its long-run average cost by expanding, it has achieved its minimum efficient scale of production.
 a. True
  b. False

Question 2

Under a flexible exchange rate system, which one of the following would not directly affect the exchange rate?
 a. a change in income
  b. the relative inflation rates in two countries
  c. the salary of the president of the United States
  d. a change in capital flows
  e. a change in the level of exports or imports


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

voltaire123

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


roselinechinyere27m

  • Member
  • Posts: 557
Reply 2 on: Jun 30, 2018
:D TYSM

Bigfoot1984

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

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?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Average optimal blood pressure for age Average optimal blood pressure for age
Long-term Potentiation in the granule cell layer of the rat hippocampal dentate gyrus. (Traces ... Long-term Potentiation in the granule cell layer of the rat hippocampal dentate gyrus. (Traces ...
A boiling-liquid, expanding-vapor explosion (BLEVE). The burning propane cylinder on the left is not ... A boiling-liquid, expanding-vapor explosion (BLEVE). The burning propane cylinder on the left is not ...
How to find the average atomic mass of an element How to find the average atomic mass of an element
How long does exercise affect blood sugar? How long does exercise affect blood sugar?
A company that makes cell phones has the following cost structure. They have fixed costs of ... A company that makes cell phones has the following cost structure. They have fixed costs of ...
Video: Primate Evolutionary Tree Animation

For a complete list of videos, visit our video library