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NISA [10]
3 years ago
11

The person or company that borrows money and signs a promissory note payable is the

Business
1 answer:
solniwko [45]3 years ago
3 0
Well what makes sense ?
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If a more efficient technology was discovered by a firm, there would be Multiple Choice a downward shift in the AFC curve. an up
Pavlova-9 [17]

Answer:

a) a downward shift in the AFC curve

Explanation:

AFC = Average Fixed Cost, AVC = Average Variable Cost, MC = Marginal Cost

Average Fixed Cost is defined as the fixed cost of production divided by the quantity produced. Mathematically given as:

Average Fixed Cost = Fixed Cost ÷ Quantity

AVC = FC ÷ Q

Average Variable Cost is defined as the variable cost of production divided by the quantity produced. Mathematically given as:

AFC = VC ÷ Q

Marginal Cost is defined as the cost incurred for an additional unit to be produced. Mathematically given as:

MC = ΔC ÷ ΔQ

The firm discovered a more efficient technology implies that the cost of production is reduced. The result of this is that the fixed cost (FC) is reduced and consequently, the AFC is reduced as well. Hence, the AFC curve shifts downward. We therefore see that a reduction in fixed costs (due to the discovery of a more efficient technology) results in the AFC curve shifting downwards

<u>Hence, Option A (a downward shift in the AFC curve) is the correct answer </u>

8 0
3 years ago
Which of the following best describes the Carolingian Renaissance? Select one: a. a new and speculative philosophy regarding the
Juli2301 [7.4K]

Answer:

The Correct Option is D: a standardization of education, language, texts, and Church liturgy

Explanation:

The Carolingian Renaissance was a time in the Middle Ages that had a significant impact on Arts, language, Church lithurgy, and education. It also revived scholarships. Before this time, education was reserved for a small group of people, but the Carolingian Renaissance saw a change in education and made it to become more standardized and attainable.  

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3 years ago
Which of the following is NOT a requirement for using the transportation​ model? A. the capacity or supply per period at each or
rjkz [21]

Answer:

a supply per period of each orgin point

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3 years ago
What is DYS Camp Avery?
Free_Kalibri [48]

Answer:

A facility that will make you wanna do things that you wouldn't. This place will drive you insane, please shoot me

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3 years ago
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