When long-run average costs are rising

Assignment Help Business Economics
Reference no: EM131097943

When long-run average costs are rising, short-run and long-run marginal costs: (a) Intersect above average costs; (b) Intersect below average costs; (c) Intersect at the level of average costs; (d) Never intersect.

Reference no: EM131097943

Questions Cloud

Determine what the equivalent annual benefits : In 2012, Brazil began construction of the Belo Monte hydroelectric dam on the Xingu River (which feeds the Amazon River). The project is funded by a consortium of investors and is expected to cost $11 billion. It will begin producing electricity in 2..
Difintions of moral and natural evil from muslim concept : 1- what are the difintions of moral and natural evil from Muslim concept? 2- describe how blam and our emotional responses are diffrent when confronted with moral evil and natural evil respective ?
What is y after the given switch statement is executed : What is y after the following switch statement is executed? What is the value in count after the following loop is executed? What is the printout of the following code?
When long-run average costs are rising : When long-run average costs are rising, short-run and long-run marginal costs: (a) Intersect above average costs; (b) Intersect below average costs; (c) Intersect at the level of average costs; (d) Never intersect.
Find and present a specific example of impact : Find and present a specific example of the impact of each type of investment risk. In each case, how did the type of risk affect investment performance?
Cigarette consumption and consumer spending on cigarettes : According to studies undertaken by the US Department of Agriculture, the price elasticity of demand for cigarettes is between – 0.3 and – 0.4 and the income elasticity is about + 0.5. Suppose Congress, influenced by studies linking cigarette smoking ..
Explain significance of things within field of psychology : Develop well-formed research questions or a relevant intervention and explain the significance of these things within the field of psychology - Summarize the literature and identify the main argument in support of the research questions or interven..
Rate of return on the stock : Investors expect the market rate of return this year to be 10%. A stock with a beta of 1.8 has an expected rate of return of 16%. If the market return this year turns out to be 6%, what is the rate of return on the stock?

Reviews

Write a Review

Business Economics Questions & Answers

  Read full plot summary of the movie double jeopardy

Read a full plot summary of the movie Double Jeopardy. In a one- to two-page (250- to 500-word) paper, give your assessment as to whether the "double jeopardy" clause of the Fifth Amendment to the U.S. Constitution would protect the character Libby (..

  Responsibility for determining the amount of pollution

It has been proposed that a government agency be charged with the responsibility for determining the amount of pollution

  Economys price level and real GDP

Explain the effects of each of each of the following factors on the economy’s price level and real GDP. Illustrate your explanations with appropriate diagrams.

  What term do economics use to describe this second outcome

If the CPI was 110 last year and is 121 this year, what is this year’s rate of inflation? In contrast, suppose that the CPI was 110 last year and 108 this year. What is this year’s rate of inflation? What term do economics use to describe this second..

  Make a firm willing to produce a positive amount

A competitive firm uses two variable factors to produce its output, with the production function y = min{x1/2, x2}. The price of factor 1 is $4 and the price of factor 2 is $5. Due to a lack of warehouse space, the company cannot use more than 20 uni..

  Use a payoff matrix to model problem

Suppose Nike and Adidas spend enormous sums of money every year to promote their athletic wear, hoping to steal customers from each other. Furthermore, assume each year they have to decide whether or not they should spend more money on advertising. I..

  Find the steady state values of per worker capital-output

In a Solow-type economy, total national saving, St, is St = sYt - hKt. The extra term, -hKt, reflects the idea that when wealth (as measured by the capital stock) is higher, saving is lower. (Wealthier people have less need to save for the future.) F..

  How much would the economy funds provide increase

Assume which all other banks hold only the required amount of reserves. If Nan Bank Inc. decides to reduce its reserves to only the required amount, by how much would the economy's funds provide increase.

  Maynard keynes concept of effective demand

Explain John Maynard Keynes's concept of effective demand. How is the employment of labor explained in this theory? How does this explanation differ from the neoclassical interpretation of the labor market?

  Income elasticity coefficientsdecline in demand

Which of the subsequent goods with their respective income elasticity coefficients in parentheses will most likely suffer a decline in demand during a recession.

  What is meant by externalities and types of externalities

What is meant by externalities? What are different types of externalities? What are different types of externalities? What is the Coase theorem? How is it related to externalities?

  Which of the following is true

Jade Larson Antiques owes $20,000 on a truck purchased for use in the business. The company makes principal payments of $5,000 each year plus interest at 8%. Which of the following is true?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd