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maks197457 [2]
9 months ago
11

The long-run average total cost curve: will rise if diminishing returns are encountered. will fall if diminishing returns are en

countered. will rise if economies of scale are incurred. is based on the assumption that all resources are variable.
Business
1 answer:
bulgar [2K]9 months ago
8 0

The long-run average total cost curve: will rise if diminishing returns are encountered. will fall if diminishing returns are encountered. will rise if economies of scale are incurred. is based on the assumption that all resources are variable. <u>The law of diminishing returns implies that marginal cost will rise as output increases</u>

<h3>What is cost curve?</h3>

A cost curve in economics is a graph that shows the production costs as a function of the overall quantity produced. A cost curve is produced in a free market economy by productively efficient enterprises optimizing their production process by minimizing cost at each feasible level of production. Cost curves are used by profit-maximizing businesses to determine output levels. In addition to total and average cost curves, there are also marginal ("for each additional unit") cost curves, which are equal to the difference between total and average cost curves, and variable cost curves. Some apply in the near run while others do so in the long run.

To learn more about cost curve from the given link:

brainly.com/question/25474537

#SPJ4

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If you help with my question i will get you brainlist
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ok what’s the question tho
7 0
2 years ago
Read 2 more answers
Compare transnet with a perfect competitor in terms of price and output and profit
Sholpan [36]
Transnet SOC Ltd is a rail, port, and pipeline company in Johannesburg. 

Price: This company is a price maker, therefore, in terms of price, Transnet perfect compitetor is a price taker.

Output: Transnet has the ability to decide the quantity of their output and they have many competitors on this one.

<span>Profit: Transnet might be able to increase their profit but in a competition it would be hard because customers might switch to the competitor. </span>
5 0
3 years ago
Warren and shirley want to avoid having a balance due next year. which of the following can they do
Vinil7 [7]
Warren can submit Form W-4V to have taxes withheld from his Social Security is <span>Warren and shirley want to avoid having a balance due next year. 

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3 0
2 years ago
Each of the following transactions appear on the statement of cash​ flows, EXCEPT: A. depreciating longinus lived assets. B. acq
KiRa [710]

Answer:

C. disposing of long minus lived assets for non cash proceeds

Explanation:

As we know that

Cash flow statement deals with the cash inflow and cash outflow of cash payments which increase or decrease the cash balance.

In another words, the inflow of cash increases the cash balance whereas the outflow of cash is decreases the cash balance

It includes operating activities, investing activities, and the financing activities.

Since all the given options includes the cash transactions except c.

3 0
3 years ago
The Operations Manager for Shadyside Savings &amp; Loan orders cash from her home office for her very popular "BIG BUCKS" automa
notsponge [240]

Answer:

3,000 $100 bills equivalent to $300,000

Explanation:

The economic order quantity (EOQ) is the optimum quantity of a good to be purchased or required at a time in order to minimize ordering and carrying costs in inventory.

EOQ = the square root of [(2 times the annual demand in units times the incremental cost to process an order) divided by (the incremental annual cost to carry one unit in inventory)]

  • annual demand in units = 12,500 x 12 = 150,000
  • incremental costs to process an order = $300
  • incremental annual cost to carry one unit in inventory = 10% x 100 = $10

EOQ = √[(2 x 150,000 x $300) / $10] = √($90,000,000 / $10) = √9,000,000 = 3,000 bills

8 0
2 years ago
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