1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
-Dominant- [34]
2 years ago
15

What term is used to describe declining average total costs with added firm size?

Social Studies
1 answer:
kakasveta [241]2 years ago
4 0

Economies of scale is the term used to describe declining average total costs with added firm size.

The average total cost is calculated by dividing the total cost of production by the total output. In other words, the average cost is the sum of the firm's total fixed and variable costs divided by the sum of the units it produces.

The phenomenon known as economies of scale occurs when the scale or magnitude of the production produced by a firm increases while the average cost per unit of output decreases.

Economies of scale describe the reduction in unit costs when a company expands. Increased purchasing power, network economies, technical, financial, and infrastructural economies are a few examples of economies of scale.

Learn more about average total costs here

brainly.com/question/13950634

#SPJ4

You might be interested in
You have launchpad open in your browser and you need a refresher on what the duplicates command does. where would you navigate t
AlexFokin [52]

If you need to navigate from the launchpad to to place that would help you get a refresher on what the duplicate command does, go to Help Docs.

<h3>What are Help Docs?</h3>

Help Docs are a utility in your browser that tell you more about tools that you don't have much information about. They tell you about different commands such as the DUPLICATE command and all you need to do is to search for the command and the information will be presented to you.

Community will not help you find out more about the DUPLICATE command directly because it involves talking to others in the community. Tech Support is only helpful if you have a problem with the ACL Analytics tool.

Options for this question are:

  • Community
  • Tech Support
  • Help Docs

Find out more on ACL Analytics at brainly.com/question/14464816

#SPJ1

3 0
2 years ago
During her speech on conspiratorial organizations, Sasha lists the Illuminati and the New World Order as ____________ of her top
Otrada [13]

Answer:D

Explanation:examples

4 0
4 years ago
A town engineer comes to the city council with a proposal to install a traffic light at a certain intersection that currently ha
Leona [35]

Answer: The city council should careful evaluate the benefits of reduced fatalities against the costs of the light and the extra time that the drivers will spend waiting for a green light

Explanation: Installing the traffic light which could reduce the fatalities caused on the highway is a good development. However, there are more factors to be considered when embarking on projects of such nature. The projected cost of a project is just as important as the project to itself. It project cost is so high such that the community does not have the required fund to cater for it, then the project should be delayed or altered for a subordinate solution until funds become available.

The extra time require to wait for a green light, if the commuters cannot be patient enough to follow traffic signals, the effort won't reap the required outcome.

3 0
3 years ago
Question, plz answer
iVinArrow [24]

Answer:

PE=$14, QE=31

Explanation:

7 0
3 years ago
James rachels, morality is a matter of _____ and _____, not religious faith....
Zigmanuir [339]
I believe the answer is: Reason and Conscience.
According to James Rachel, morality is not created by a 'higher being' that gives order for humans in what we're supposed to do.
It's created by observing day to day human interactions and creating a standard on what each individuals should do so the society could collectively benefited from that standard.<span />
7 0
3 years ago
Other questions:
  • What federal U.S. department was founded in response to the terrorist attacks on September 11, 2001?
    13·2 answers
  • Sniper assassin 4 what is the next code after gigolo
    15·1 answer
  • Romans could watch gladiators fight to the death, along with other sporting events, at the:
    5·1 answer
  • Nicholas is a man who the local college students all think of as eccentric. each day he stands on campus, smiling at people as t
    11·1 answer
  • What is the 25th amendment i will give brainlyest to first answer and best answer
    7·1 answer
  • How did Adolf Hitler win the support of the German people?
    7·2 answers
  • Who is the first president of the US?
    14·2 answers
  • Amy goes to the doctor because she is not feeling well. The doctor carefully looks at Amy's pharynx to see if there is anything
    7·1 answer
  • In New England, foot-long sandwiches are called "grinders," while in many other parts of the country they are called "subs." Thi
    6·1 answer
  • The following are characteristics of adolescents EXCEPT a. Biological growth and development. C. Strong ability to multi-task. B
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!