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

Author Question: A short-run average total cost curve will touch the long-run average cost curve at a level of output only (Read 47 times)

kmoyer2

  • Full Member
  • ***
  • Posts: 140
on: Oct 12, 2022
A short-run average total cost curve will touch the long-run average cost curve at a level of output only
◦ when the quantity of the fixed factor being employed is at the optimal level for that level of output.
◦ where the short-run cost curve is upward sloping.
◦ where the short-run cost curve is downward sloping.
◦ by coincidence.
◦ where the short-run cost curve is downward-sloping and the quantity of the fixed factor is optimal.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by kmoyer2 on Oct 12, 2022

dsd1212

  • Full Member
  • ***
  • Posts: 176
Reply #1 on: Oct 12, 2022
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


kmoyer2

  • Member
  • Posts: 140
Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

Liddy

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Long-day stimulation of flower development in Arabidopsis. Long-day stimulation of flower development in Arabidopsis.
Bururi long-fingered frog (Cardioglossa cyaneospila) Bururi long-fingered frog (Cardioglossa cyaneospila)
Zonal wind speeds on Uranus. Shaded areas show the southern collar and its future northern counterpa Zonal wind speeds on Uranus. Shaded areas show the southern collar and its future northern counterpa
Find the lateral area, total surface area, and volume of the frustum Find the lateral area, total surface area, and volume of the frustum
Rapid sea level rise Rapid sea level rise
Average Annual Growth Rates of Population by Country Group Average Annual Growth Rates of Population by Country Group
Video: Studying the Left and Right Brain Independently

For a complete list of videos, visit our video library