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
asambeis [7]
3 years ago
5

Which of the following statements concerning the long - run average cost​ (LRAC) curve is correct​?A.The LRAC curve is derived f

rom a series of short-run marginal cost curves.B.The LRAC curve represents the least-cost input combination of inputs for producing each level of output.C.As output​ increases, the amount of capital employed by the firm is held constant along the LRAC curve.D.The short-run cost curve at the minimum point of the LRAC curve represents the least-cost plant size for all levels of output.
Business
1 answer:
Tanzania [10]3 years ago
4 0

Answer:

The correct answer is letter "B": The LRAC curve represents the least-cost input combination of inputs for producing each level of output.

Explanation:

Presuming that all factors for production are available, the long-run average cost (<em>LRAC</em>) curve portraits the lowest cost per unit of the company at each output level. The approach also presumes that the company has selected the production optimal factor mix.

You might be interested in
How does a bond sale by the fed affect the money supply?
kumpel [21]
A bond sale is a debt investment that is given by an investor to a particular corporate or governmental entity and is payable over a period of time at a variable or a fixed interest rate. It can affect the money supply, or the money of the country, because it encourages debtors to keep loaning from the government to finance their personal interests.
4 0
3 years ago
Read 2 more answers
The _______ was a foreign policy embarrassment for the United States during the Kennedy Administration. 
mrs_skeptik [129]
The Bay of Pigs Invasion was a foreign policy embarrassment for the Kennedy Administration.
When John Kennedy assumed the presidency after Dwight Eisenhower, he was faced with the pressure to act on Cuban dictator Fidel Castro's growing relationship with the Soviet Union (yet another of US' formidable enemies).
His senior advisers urged him to authorize the attack on Cuba and initiate a movement to overthrow Fidel Castro. This played on Kennedy's foreign principle which is for Democratic countries such the US to show a strong force against dictatorships like Castro's. In April 1961, the invasion at the Bay of Pigs failed extremely. Castro was quick to mobilize his militia to counter Kennedy's botched plan. Aside from this, Kennedy made some worst decisions that nailed the coffin shut. Thus the Kennedy Administration suffered a lot of damage due to this failure. 

3 0
3 years ago
Read 2 more answers
Which is the correct order of the following steps in the accounting cycle? Prepare financial statements, journalize and post adj
murzikaleks [220]

Answer:

Explanation:

Prepare a post-closing trial balance.Step 9

Prepare an adjusted trial balance.Step 6

Analyze business transactions.Step 1

Prepare a trial balance.Step 4

Journalize the transactions.Step 2

Journalize and post closing entries.Step 8

Prepare financial statements.Step 7

Journalize and post adjusting entries.Step 5

Post to ledger accounts.Step 3

3 0
3 years ago
It is unethical to report the wrongdoing of a coworker.
Natalija [7]
It is ethical to report the wrongdoing of a coworker.  Which means the answer is false.  Hope this helped!
6 0
3 years ago
Read 2 more answers
Organizations refers to _____. demographics communication competition possible customers
ivolga24 [154]

Answer:

Organizations refers to demographics

Explanation:

8 0
3 years ago
Other questions:
  • Which option best describes a trustworthy person? A. a dependable person B. an honest person C. a person who has never harmed ot
    15·2 answers
  • Which type of debt is the least attractive for a consumer
    6·1 answer
  • The Republic of South Africa exports edible fruits and nuts into the common market known as the European Union, and imports from
    11·1 answer
  • What is new marketing ?
    5·1 answer
  • i make new beat every months and i record at least three songs in a month. how many beat i make in six months and how many song
    5·1 answer
  • If Good C increases in price by 30% a pound, and this causes the quantity demanded for Good D to increase by 40%, what is the cr
    12·1 answer
  • Sarah buys 500 shares of stock at $18 and sells the holding for a capital gain of $3,000. What was the share price at the time o
    7·1 answer
  • A person studying economics chooses to buy an economic textbook for their class, even though it means they
    14·2 answers
  • sam manages a fast-food restaurant. he is frustrated because employees often call in sick at the last minute before the start of
    5·1 answer
  • Many companies in the sharing economy have successfully taken their business to foreign markets as well. What challenges do you
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!