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Anna007 [38]
3 years ago
6

If a firm has excess capacity, it means Group of answer choices that the firm's quantity supplied exceeds its quantity demanded.

that the firm expands too much of its resources on advertising its product without seeing an appreciable increase in sales. that the firm's long-run average cost of producing a given quantity exceeds its short-run cost of producing that same quantity. that the firm is not producing a quantity that minimizes its average cost per unit..
Business
1 answer:
rosijanka [135]3 years ago
5 0

Answer:

that the firm is not producing a quantity that minimizes its average cost per unit..

Explanation:

A firm has excess capacity if it is producing less amount of goods or services than it is supposed to produce. it is when marginal cost of production is less than average cost of production and average cost can still be reduced further by increasing the quantities produced.

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Option D is correct.

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3 years ago
List all the source documents in accounting
devlian [24]

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Canceled checks.

Invoices.

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Computer-generated receipts.

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7 0
3 years ago
Ed is taking off from work for four hours this afternoon and going to a baseball game. The ticket to the game costs $25 and it c
statuscvo [17]

Answer: $100

Explanation:

Opportunity cost is the benefit that we forgo when another option is chosen thereby leaving out something else. Based on the information given, Ed's opportunity cost of going to the ball will be calculated as the addition of the income that's lost when he takes some time off from his work and the expenses that he incurs on the base ball game. This will be:

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8 0
3 years ago
Which of the following changes will increase short-run output? Group of answer choices an increase in the parameter governing ho
natita [175]

Answer:

The correct answer is letter "C": an increase in the target rate of inflation.

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