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DedPeter [7]
2 years ago
6

In the short run, average total costs and average variable costs converge as output increases because:________

Business
1 answer:
slava [35]2 years ago
8 0

Average fixed costs continually decrease is the correct answer. The average costs assist in identifying the costs related to producing a single unit, whereas the total cost of production aids businesses in understanding the entire expenses incurred.  

The total fixed cost is divided by the quantity of units produced to get the average fixed cost. The fixed cost incurred in producing a unit of output is known as the average fixed cost.

Any increase in output reduces the average fixed cost because Total Fixed Cost is constant. Though the average fixed cost can go very small, it will always exist.

To learn more about average fixed cost, click here

brainly.com/question/17100497

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In Appellia, it takes 10 units of resources to increase its output of sugar from 12 tons to 13 tons, but 11 units of resources t
EleoNora [17]

Answer:

b. diminishing returns to specialization.

Explanation:

Diminishing returns is also called diminishing productivity. It states that as additional unit of input is used in production it will get to a stage where more of input will be required to maintain output levels.

If the same level of input is used it will result in reduction in output over time.

This is exemplified in this secanrio where it takes 10 units of resources to increase its output of sugar from 12 tons to 13 tons, but 11 units of resources to increase output from 13 tons to 14 tons, and 12 units of resources to increase output from 14 tons and 15 tons.

It takes more input to increase output by 1 ton

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kirill115 [55]

Answer:

i am not sure for the first one, but for the second its a corporation

Explanation:

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3 years ago
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Correct way to put on body harness?
AfilCa [17]
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7 0
3 years ago
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January 1, 2021, Woody Forrest Corporation granted executive stock options to purchase 30,000 of its common shares at $7 each. T
Anton [14]

Answer:

169,000

Explanation:

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First step is to calculate the amount assumed to be exercised

Exercised amount= 30,000*$7 / $15avg

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Second step is to calculate the Net

Net=30,000-14,000

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Using this formula

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Let plug in the formula

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2 years ago
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