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

Author Question: When the long-run average cost curve is downward sloping, (Read 79 times)

mia

  • Hero Member
  • *****
  • Posts: 564
on: May 24, 2019
When the long-run average cost curve is downward sloping,
◦ economies of scale are present.
◦ diseconomies of scale are present.
◦ the firm experiences constant returns to scale.
◦ the average fixed cost curve must be upward sloping.
◦ The premise of the question is wrong because long-run average cost curves never slope downward.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by mia on May 24, 2019

ambernicolefink

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: May 24, 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 39% of students answer this correctly


mia

  • Hero Member
  • *****
  • Posts: 564
Reply #2 on: May 24, 2019
TY


ambernicolefink

  • Sr. Member
  • ****
  • Posts: 359
Reply #3 on: May 24, 2019
You're welcome


« previous next »
 

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

A herd of barren-ground caribou at the Thelon River. This subspecies is a long-distance migrant A herd of barren-ground caribou at the Thelon River. This subspecies is a long-distance migrant
A young Lipizzan at the Spanish Riding School in training equipment, wearing saddle, bridle and long A young Lipizzan at the Spanish Riding School in training equipment, wearing saddle, bridle and long
Four Arch Curve Four Arch Curve
Average Global Temperature during the Phanerozoic Average Global Temperature during the Phanerozoic
Cost of Going to School Cost of Going to School
Average Surface Air Pressure – July Average Surface Air Pressure – July
Video: Functional zones in a mitochondrion

For a complete list of videos, visit our video library