Business, 26.11.2019 06:31 TheMixingToad
1.the average fixed cost curve increases as output increases over a relevant range of production.
2. average revenue is slightly higher than price.
3. marginal cost curves and average cost curves are both purely upward sloping.
4. a firm that sells at a price below average cost is not making a normal profit.
5. in the short run, it is possible for a perfectly competitive firm to make economic profits or economic losses.
6. if a firm sells its output at a price greater than ac, it will earn economic profit.
7. zero profit in the economic sense means that firms are earning a normal rate of return.
8. in a free market (laissez-faire) system, the price mechanism dictates the production planning (how to produce) decisions.
9. free markets produce relatively high levels of efficiency but low rates of growth.
10. a natural monopoly occurs when a single firm can produce the entire output of the market at a lower average cost than could many firms.
Answers: 2
Business, 21.06.2019 19:50
Which of the following best describes the economic effect that results when the government increases interest rates and restricts the lending of money? a. borrowing money becomes more expensive and there is less investment in production. b. the economy grows as investments result in larger profits. c. government spending drives up prices because of greater competition for goods and services. d. consumers save more money and spend less buying goods and services.
Answers: 2
Business, 22.06.2019 04:00
Don’t give me to many notifications because it will cause you to lose alot of points
Answers: 1
Business, 22.06.2019 17:00
Afinancing project has an initial cash inflow of $42,000 and cash flows of −$15,600, −$22,200, and −$18,000 for years 1 to 3, respectively. the required rate of return is 13 percent. what is the internal rate of return? should the project be accepted?
Answers: 1
Business, 22.06.2019 17:30
Jeanie had always been interested in how individuals and businesses effectively allocate their resources in order to accomplish personal and organizational goals. that’s why she majored in economics and took on an entry-level position at an accounting firm. she is very interested in further advancing her career by looking into a specialization that builds upon her academic background, and her interest in deepening her understanding of how companies adjust their operating results to incorporate the economic impacts of their practices on internal and external stakeholders. which specialization could jeanie follow to get the best of both worlds? jeanie should chose to get the best of both worlds.
Answers: 2
1.the average fixed cost curve increases as output increases over a relevant range of production. <...
Mathematics, 01.04.2021 06:00
Mathematics, 01.04.2021 06:00
Spanish, 01.04.2021 06:00
Mathematics, 01.04.2021 06:00
Mathematics, 01.04.2021 06:00
Arts, 01.04.2021 06:00
Chemistry, 01.04.2021 06:00
Mathematics, 01.04.2021 06:00
Mathematics, 01.04.2021 06:00
Mathematics, 01.04.2021 06:00