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 44 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?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

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

The roles of transpiration, cohesion, adhesion, and tension in long-distance water transport. The roles of transpiration, cohesion, adhesion, and tension in long-distance water transport.
Features found in a long bone. Features found in a long bone.
Bell Curve for Intelligence IQ scores for a population-based sample usually fall into this kind of Bell Curve for Intelligence IQ scores for a population-based sample usually fall into this kind of
Composition of a long bone Composition of a long bone
Long-term relationships, especially those who are married, having a child Long-term relationships, especially those who are married, having a child
What would your average (mean) number of cells per cluster be? What would your average (mean) number of cells per cluster be?
Video: Power Supply Polyacrylamide Gel Protein Sample

For a complete list of videos, visit our video library