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True [87]
10 months ago
9

Geoffrey owns a wedding dress store. If he increases the size of his store and experiences constant returns to scale as a result

, his long-run average total cost curve should be Select one: a. horizontal. b. U-shaped. c. downward sloping. d. upward sloping.
Business
1 answer:
Jlenok [28]10 months ago
7 0

Experiences constant returns to scale as a result, his long-run average total cost curve should be Horizontal.

A fee curve is a graph of the expenses of manufacturing as a function of overall amount produced. In a unfastened market economy, productively green companies optimize their production procedure with the aid of minimizing price constant with each feasible degree of manufacturing, and the end result is a price curve.

Average overall cost is calculated by way of dividing total value by way of the total quantity produced. The common total price curve is commonly U-fashioned. average variable cost is calculated by dividing variable fee with the aid of the quantity produced.

Cost curves are a beneficial tool to research company behavior. In most cases, we are able to observe properties of price curves, The marginal price curve ultimately rises as output increases, the average overall price curve is U-shaped, and the marginal value curve intersects the average total curve at its backside.

Learn more about cost curve here:-https://brainly.in/question/1093112

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3 years ago
When Jill was asked, she chose cars over stomach cancer as the cause of more U.S. deaths per year. When asked why she chose the
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Answer:

C. availability.

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2 years ago
Which of the following criteria would Ben think is the least important as he decides on a career to support his lifestyle
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3 years ago
Tide Corporation has traditionally made a subcomponent of its major product. Annual production of 30,000 subcomponents results i
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An amount of $24 per unit will need to be charged by the outside supplier to make Tide be indifferent between making or buying the subcomponent.

Relevant cost per unit to make = (Direct materials + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead) / Total sub-component unit

Relevant cost per unit to make = ($250,000 + $200,000 + $190,000 + $80,000) / 30,000 units

Relevant cost per unit to make = $24

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Therefore, an amount of $24 per unit will need to be charged by the outside supplier to make Tide be indifferent between making or buying the sub-component.

Read more about  indifferent price:

<em>brainly.com/question/24516871</em>

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2 years ago
According to circus founder p.t. Barnum, what happens without publicity?
Ad libitum [116K]

Answer:

The correct answer would be, Decline in Customers.

Explanation:

P.T. Barnum was a successful American promoter. He founded Ringling Bros. and Barnum & Bailey Circus in 1871. At a young age, he moved to New York and tried a lot of businesses including newspaper publishing and running a boarding house.

He started the circus in 1871 which became a huge success just because of his work plus the tactics of advertisement he used to promote his work. According to him, Decline in the customers happen without publicity. He believed that people will come to see your show only if you have attracted them enough to get them out of their houses and come to see your show through your powerful advertisements.

4 0
3 years ago
Read 2 more answers
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