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lora16 [44]
3 years ago
5

Which best describes how specialized producers decrease their opportunity costs?​

Business
1 answer:
zavuch27 [327]3 years ago
7 0

Answer: by limiting the types of goods produced

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Which of the following is true?
kifflom [539]

Answer:

the correct option is c) change in the money wage and other resource prices does not shift the long run aggregate supply

Explanation:

First of all aggregate supply can be defined as the sum total of all the goods and services that are supplied in the economy during a defined period of time.

In the given question the option C is right because it is assumed that in the case of long run aggregate supply , the supply curve tends to remain static because any kind of change in the aggregate demand causes only temporary changes in the total output of the economy and the slope of the curve remains vertical. It is also assumed that the economy is being used at optimal as only factors like labor, capital, and technology can bring in aggregate supply.

Options a) and b) can't be true because if the supply curve is gonna shift , it is first going to shift in short run aggregate supply then long run aggregate supply , not the other way around.

6 0
3 years ago
when the market demand curve crosses the long-run average total cost curve where average total costs are declining, the firm is
cluponka [151]

Answer: Natural monopoly

Explanation:

A natural monopoly is a form of monopoly that comee into being due to huge start-up costs and also economies of scale. A firm that has a natural monopoly may be the only producer of a particular good or service.

A natural monopoly occurs when the long-run average total cost curve is crossed by the markwt demand curve when the average total costs are still diminishing.

5 0
2 years ago
Iris, a calendar year cash basis taxpayer, owns and operates several TV rental outlets in Florida and wants to expand to other s
nasty-shy [4]

Answer:

C) Expense $23,000 for 2018.

Explanation:

Iris owns and operates TV rental outlets, so all the expenses she makes while investigating possible purchases of related businesses (other TV rental outlets) can be deducted from her income. This deductions can be made regardless of whether Iris ended up purchasing the new stores or not.  

6 0
3 years ago
An example of an externality is the impact of
stepan [7]
Increases in health care costs on the health of individuals in society.
8 0
3 years ago
if owen refused to testify on the premise that the information he would divulge would self-incriminate him, he can legally do so
Elden [556K]

Owns can legally do so under the first amendment. Therefore, it's true.

<h3>What is first amendment?</h3>

It should be noted that first amendment states that the Congress makes no law representing and establishment of religion.

In this case, if Owen refused to testify on the premise that the information he would divulge would self-incriminate him, he can legally do so under the first amendment.

Learn more about first amendment on:

brainly.com/question/26448398

#SPJ11

6 0
1 year ago
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