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

Author Question: A(n) ________ in a firm's scale of production leads to ________ average total cost when there are ... (Read 30 times)

a0266361136

  • Hero Member
  • *****
  • Posts: 538

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


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
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 :)


triiciiaa

  • Member
  • Posts: 349
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

For a complete list of videos, visit our video library