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FromTheMoon [43]
3 years ago
13

The average fixed cost curve a. always declines with increased levels of output. b. always rises with increased levels of output

. c. declines as long as it is above marginal cost. d. declines as long as it is below marginal cost.
Business
1 answer:
Zolol [24]3 years ago
7 0

Answer: a. always declines with increased levels of output.

Explanation: the average fixed cost curve graphically illustrates or shows the relation between average fixed cost a firm incurs in the short-run production of a good or service, and the quantity produced. The average fixed cost curve always declines with increases in the level of output resulting in a negatively sloped curve. This is to say that the average fixed cost is relatively high at smaller quantities of output, which then declines as the level of production increases--the more output increases, the more average fixed cost declines. Why this occurs is that a given fixed cost is spread over an increasingly larger quantity of output and as such, firms can profitably charge a lower price with increased output.

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The income statement.

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2 years ago
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erica [24]

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B) lockout

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c. The contribution margin per gallon of throughput for each product

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8 0
3 years ago
assume bell computer company operates in a perfectly competitive market producing 5,000 computers per day. at this output level,
Agata [3.3K]

In a perfectly competitive market bell computers will cause profits to increase by producing one more.

A hypothetical market system is referred to as perfect competition. Perfect competition offers a valuable model for illustrating how supply and demand influence pricing and behaviour in a market economy, despite perfect competition seldom occurring in actual markets.

One of the most efficiently operating markets is one with perfect competition, when a large number of buyers and suppliers cooperate perfectly. Sadly, it is a hypothetical event that does not occur in the real world. But in order to guarantee a fair price for all goods and services, markets should strive to be as similar to this type of market as feasible.

Learn more about perfectly competitive market here:

brainly.com/question/13961518

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6 0
1 year ago
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Kobotan [32]

well think about it in a variety of different ways, a free market economy can affect anyone's daily life, that being, in a free market economy a person can make any choice he or she wants with little or no government interference


hope I was able to help ~kashout kam

6 0
3 years ago
Read 2 more answers
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