Business, 19.05.2020 16:24 agarza0326

Much of the empirical evidence on the behavior of costs for real-world firms suggests that:

A. there is no relationship between the marginal and average variable costs of production.
B. for many firms, marginal and average variable costs are constant over wide ranges of output.
C. average costs functions are U-shaped as suggested by economic theory.
D. for most firms, marginal costs are declining in the range in which the firms operate.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 00:40

Gdonald was unhappy that his company did not provide good transport facilities. he found it very strenuous to drive to work on his own, and this eventually led to job dissatisfaction. hence, he recommended ways to solve this problem. according to the evln model, this information suggests that donald's main reaction to job dissatisfaction was:

Answers: 3

Answer

Business, 22.06.2019 14:00

Wallace company provides the following data for next year: month budgeted sales january $120,000 february 108,000 march 140,000 april 147,000 the gross profit rate is 35% of sales. inventory at the end of december is $29,600 and target ending inventory levels are 10% of next month's sales, stated at cost. what is the amount of purchases budgeted for january?

Answers: 1

Answer

Business, 23.06.2019 09:30

Which of the following economic behaviors causes scarcity? a limited supply and unlimited demand b limited supply and unlimited credit c limited supply and limited regulation d limited supply and limited incentives

Answers: 1

Answer

Business, 23.06.2019 15:40

Select the correct answer. after the 2008 recession, the amount of reserves in the us banking system increased. because of federal reserve actions, required reserves increased from $44 billion to $60 billion. however, banks started holding more reserves than required. by january 2009, banks were holding $900 billion in excess reserves. the federal reserve started paying interest on the excess reserves that the banks held. what possible impact will these unused reserves have on the economy? a. the interest rate on loans will fall. b. people will demand more foreign goods. c. people will start borrowing more money. d. the economy will face inflation. e. foreign investments will increase.

Answers: 3

Answer

You know the right answer?

Much of the empirical evidence on the behavior of costs for real-world firms suggests that:

Questions