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Dennis_Churaev [7]
3 years ago
10

When all of a firm's inputs are doubled, input prices do not change, and this results in the firm's level of production more tha

n doubling, a firm is operating:
Business
1 answer:
Andre45 [30]3 years ago
3 0

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.

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klio [65]

Answer:

The option which is not a task of the bankruptcy trustee is;

Represent the debtor when meeting with creditors

Explanation:

In a case of bankruptcy a bankruptcy trustee is assigned by the court and to whom the case information is handed to perform the following tasks

1) Converts the collected company assets to money

2) Assess the creditors (owed by the debtor) proof of claims

3) Allocate monetary refunds to the creditors

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What do capital controls prevent?

Speculators from rushing into and out of a country's market and

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Explanation:

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raketka [301]

Answer:

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