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AnnyKZ [126]
2 years ago
7

Business Course

Business
1 answer:
storchak [24]2 years ago
7 0

Answer:

+254743503332....app me

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A constant cost, perfectly competitive market is in long-run equilibrium. At present, there are1,000 firms each producing 400 un
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Answer:

The correct answer is option A.

Explanation:

Diseconomies of scale refers to the situation when the average cost of production increases with the scale of production.

In a constant perfectly competitive market that is operating at long run equilibrium, the price is $60. Each firm is producing 400 units of output.

Since the firms are in long run equilibrium, the price will be equal to the average total cost.

Now, with an increase in the demand for the product the price increases to $64.

The individual demand curve of the firms will move upwards. This will cause the average total cost to increase as well. The new ATC will be $64.

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Suppose that government officials have decided to implement expansionary fiscal policies. What are their desired outcomes
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Some states lose or gain members in the House of Representatives.

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According to Forbes, how much did the naming rights for the 122 teams in the four major U.S. professional sports leagues earn fo
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