Answer: (B) on the downward-sloping portion of its long-run average total cost curve.
Explanation:
The downward-sloping portion of a company's Long Run Average Total Cost(LRATC) curve is the part where increasing returns to scale is witnessed.
This is because the costs that are incurred by the company leads to higher proportional output thereby reducing the average cost and pulling the LRATC down.
In this scenario, the inputs doubled and the firm's level of production more than doubled which means that with outputs increasing more than costs, the Average cost is reducing and the slope is downward sloping.
Answer:
The correct answer is B) False.
Explanation:
The values of the army must always be taken into account, because they are the fundamental pillar of the institution. Any task or function that is performed in it, must be in accordance with those values, since otherwise it would be going in reverse to its missionary task.
Answer: Acquisition
Explanation:
The Acquisition is one of the type of method that helps in acquiring the various types of business strategies for manage the business for achieving the given target.
The main objective of the acquisition in the business is that it helps in achieving the desirable goal and helps in finding the various types of strengthening characteristics of the firm.
According to the given scenario, the Andersen products Inc, is one of the small startup based company and they gaining the access for managing the organization technology and also the human capital.
Therefore, This transactional process is refers as the acquisition method.
Answer:
this is ez
Explanation:
answer is. Title transfers at FOB point. Both the 25,000 and the 22,000 should be added to Dec 31 inventory.
Answer:
A perfectly elastic demand curve means that the firm can sell as much output as it chooses at the current price.
Explanation:
The perfectly elastic demand implies that the demand curve is horizontal line parallel to the X axis. The price is fixed at a point and the firm can sell any amount of output at this point. The demand is infinite at the given price level. If the firm makes any changes in this price level, the demand will become zero.
