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

Author Question: A(n) ________ in a firm's scale of production leads to ________ average total cost when there are ... (Read 68 times)

a0266361136

  • Hero Member
  • *****
  • Posts: 538
on: Apr 19, 2019

Question 1

The shape of a firm's long-run ________ depends on how costs vary with scale of operations.


◦ fixed cost curve
◦ variable cost curve
◦ average cost curve
◦ marginal revenue curve

Question 2

A(n) ________ in a firm's scale of production leads to ________ average total cost when there are economies of scale.


◦ increase; lower
◦ increase; higher
◦ decrease; lower
◦ decrease; no change in
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 a0266361136 on Apr 19, 2019

popopong

  • Sr. Member
  • ****
  • Posts: 307
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 25% of students answer this correctly


a0266361136

  • Member
  • Posts: 538
Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

amit

  • Member
  • Posts: 364
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

The rapid speed of cAMP production The rapid speed of cAMP production
Life-cycle of the Sun; sizes are not drawn to scale. Life-cycle of the Sun; sizes are not drawn to scale.
Eclipse Paths for Total and Annular Eclipses 2001–2020 Eclipse Paths for Total and Annular Eclipses 2001–2020
The pH scale: Acids, Bases, and Buffers and Body Fluids in Flux The pH scale: Acids, Bases, and Buffers and Body Fluids in Flux
A wave whose wavelength is 0.500 m is traveling down a 500-m long wire whose total mass is 25 ... A wave whose wavelength is 0.500 m is traveling down a 500-m long wire whose total mass is 25 ...
Production of ABO blood group antigens Production of ABO blood group antigens
Video: Lower Limb Arteries Animation

For a complete list of videos, visit our video library