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maks197457 [2]
1 year 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]1 year 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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For 2021, Rahal's Auto Parts estimates bad debt expense at 1% of credit sales. The company reported accounts receivable and an a
Naddik [55]

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$80,160.

Explanation:

An account receivable is lawfully enforceable cases for installment, held by a business for the products provided and benefits that clients/customers have requested yet not paid for.

According to Rahal's autos noncollectable accounts and the amount they received in the following year. Rahal's collectible accounts on December 31, 2021, is

86,500 + 404,000 - 408,000 - 2,340

3 0
3 years ago
Which of the following is an common factor of failure for small businesses
Alex777 [14]

A few of the following can be considered major factors in failure of small businesses:

-Lack of financial planning: when a business is born it needs to critically plan out the first few years of running. Small business often fail to plan out for the future and have less working capital at hand.

-Lack of expertise: small business cannot afford specialist managers and this may be a reason for failure

-no investment in marketing and research can also be a reason.


6 0
3 years ago
What what is a good way to improve your marketability to employees
Vesnalui [34]
Low price.discount sale improve market.


4 0
3 years ago
It was the third meeting, but the group had finally agreed on the roles for each member. Cathy felt good about how things were p
Aleksandr-060686 [28]

Answer: norming

Explanation:

The third stage of a group development model is regarded to as the norming stage. The norming stage is the stage whereby members or teammates start appreciating the strengths that are possessed by each other in the team.

At this stage, there is resolution of conflicts and establishment of leadership positions. Here, everyone is happy with their roles.

8 0
3 years ago
A newborn child receives a ​$7 comma 000 gift toward a college education from her grandparents. How much will the ​$7 comma 000
Scrat [10]

Answer:

$7,000 gift will be worth $19,922 after 17 years ( or 68 quarters) given the discount rate is 6.2% compounded quarterly.

Explanation:

The worth of $7,000 nowadays after 17 years is equal to its future value compounded for the time of 17 years or 68 quarters.

As the discounted rate is 6.2% compounded quarterly, we have:

Compounding period = 17 x 4 = 68; Interest rate = 6.2%/4 = 1.55%.

Apply the formula for future value to determine the value of $7,000 in 17 years as: 7,000 x (1+1.55%) ^68 = $19,922.

Thus, the answer is $19,922.

6 0
3 years ago
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