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3 years ago

Complete the following sentence. When the long run average cost (LRAC) curve has a positive slope, it implies there are:

Business

1 answer:

Andreas93 [3]3 years ago

4 0

Answer:

It implies there are diseconomies of scale.

Explanation:

It implies there are diseconomies of scale in the industry

Because as the quantity of units output increase, the cost also increase. While in economies of scale, the slope for the LRAC will be negative, as each increase in output lowers the cost.

When this occurs, there is a lower change of monopoly in the industry, as the larger firm also faces the larger cost, so the supply tend to be more diverse.

While a, indifined negative slope will generate monopolies as their cost become lower at gerater the output.

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Answer:

Explanation:

Given that

Sale value of quarter-pound of meat = $2

And, the sale value that arises from the meat = $4

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3 years ago

Assuming the Coase theorem applies, an efficient allocation of a resource will result ... A. only if the government acts to inte

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Answer:

B. through negotiations between the parties involved.

Explanation:

correct answer is through negotiations between the parties involved because According to Coase theory, priority rights are best defined by negotiation between the parties involved and there is no transaction cost in negotiations.

The Coase theory states that when transaction costs are low, both parties can negotiate and reach an effective outcome in the presence of an outsider.

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3 years ago

Who appoints the chairman of the board of governors of the federal reserve system

ELEN [110]

The chair is nominated by the President of the United States from among the members of the Board of Governors, and serves a term of four years after being confirmed by the United States Senate.

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3 years ago

Read 2 more answers

Skolits Corp. issued 10-year bonds 2 years ago at a coupon rate of 8.7 percent. The bonds make semiannual payments. If these bon

kykrilka [37]

Answer:

7.36%

Explanation:

Nper = (10-2)*2 = 16

Pmt = 1000*8.7%/2 = 43.5

Pv = -108%*1000 = -1080

Fv = 1000

YTM = Rate(Nper, pmt, -Pv, Fv)*2

YTM = Rate(16, 43.5, -1080, 1000)*2

YTM = 0.036795696 * 2

YTM = 0.073591392

YTM = 7.3591392%

YTM = 7.36%

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3 years ago

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The answer you are looking for is copyright

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4 years ago