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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.

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Andreas93 [3]

Answer:

product bundle

Explanation:

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Product bundling may be targeted to a particular item on the bundle or both. Due to the discount offered, product bundling increases the revenues from the products on offer. It also can increase the market share for each of the products on offer. In this case, a haircut and a conditioning treatment are complementary services. Bundling them together encourages consumption for both.

7 0
3 years ago
​Use the following to answer the questions. ​ Suppose that Ray-Ban is considering a new line of sunglasses that would be sold in
Delvig [45]

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Due to the flctuations, the prices are adjusted in a way that fits the changes in the values of the product.

4 0
3 years ago
When independent measurers get similar results when using the same accounting measurement methods, the financial information is:
Deffense [45]

Answer: verifiable

Explanation:

A financial information is verifiable when the independent measurers get similar results when using the same accounting measurement methods.

In this scenario, the independent measures use thesame method but do their work separately without them knowing the results gotten by the other person. When there's similarity in the results, it shows that the results are verifiable.

6 0
2 years ago
Which is the final stage of the purchase decision process?.
Alisiya [41]

Answer: The final stage is Post-Purchase Behavior

Explanation:

8 0
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Which of these products is an example of perfect competition?
Helen [10]
A. correct me if im wrong
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