1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
irinina [24]
2 years ago
12

When the LRAC curve has a clear minimum point, then

Business
2 answers:
Wewaii [24]2 years ago
6 0

Answer:

The correct answer is option (a) any firm producing a different quantity will have higher costs .

Explanation:

LRAC curve means long-run average cost

The LRAC curve is a u-shape curve that shows the lowest cost of production per unit based on it's  output level with variable factors of production.

A firm uses the LRAC curve to determined the lowest cost of producing one unit of a particular goods. If the firm chooses to produce more quantity of goods, the cost will be higher.

The minimum point on the curve shows the lowest cost of production per unit.

ladessa [460]2 years ago
4 0

Answer:

The correct answer is a. any firm producing a different quantity will have higher costs .

Explanation:

The LRAC curve determines the relationship between everything assumed by production in order to produce a certain quantity of goods. In this case, when a minimum point is presented, every producing entity will have an increase in costs, because this situation determines an inverse relationship between the two variables studied. in case the fund is flat, it is understood that the company is capable of competing in the market.

You might be interested in
What is the name of the document that companies use to report quarterly financial results?.
Tpy6a [65]
Form10-Q is the SEC filing form that accompanies quarterly financial report and might be what you are referring to.
3 0
2 years ago
What is the beta of a 3-stock portfolio including 25% of stock A with a beta of 0.90, 40% of stock B with a beta of 1.05, and 35
natka813 [3]

Answer:

1.25

Explanation:

Calculation for What is the beta of a 3-stock portfolio

Portfolio beta = (.25 *0.9) + (.4 *1.05) + (.35 *1.73)

Portfolio beta = .225 + .42 + .606

Portfolio beta = 1.25

Therefore the beta of a 3-stock portfolio will be 1.25

5 0
3 years ago
Based on what you have read, if Jasmine works at the supermarket, what is her opportunity cost? working at a new job earning ext
Greeley [361]

missing out on playing basketball

3 0
2 years ago
Read 2 more answers
Which of the following is the federal agency charged with protecting consumers from "unreasonable risks of injury and death" fro
Lunna [17]

Answer:

The correct answer is option A.

Explanation:

The consumer product safety commission is an independent agency of the US government. It works to promote the safety of consumer products. It addresses the unreasonable risk of injury and develops uniform safety standards.  

This agency was founded in the year 1972 by the consumer product safety act. It basically protects the public from the products that can be dangerous, for instance, lawnmowers, washing machines, etc.  

3 0
3 years ago
Puck signs a check "pay to the order of Quik Mart" drawn on Puck's account in Regional Bank. Puck shows the check to Silky, who
Tatiana [17]

Answer: i would think a, b, or c

Explanation:

7 0
3 years ago
Other questions:
  • Identify the appropriate step in the communication process.
    8·1 answer
  • Because of their relatively small national economies, which of the following is most likely considered to be the most important
    12·1 answer
  • A product in the _____ stage is experiencing periods of rising sales and profits.
    15·1 answer
  • Tim's employer offers him the option to buy 200 shares of the company for $250 a share. If the company has issued 40,000 shares,
    9·1 answer
  • If cost of goods manufactured is $306,790, beginning work in progress inventory, $25,000, and cost to manufacture, $300,000, the
    14·1 answer
  • Choose a country (not the U.S.) and describe how, in your view, starting up a firm in that foreign country would be different fr
    6·1 answer
  • What rate of output is appropriate for a nonprofit corporation (such as a hospital)?
    8·1 answer
  • Consider the market for economic textbooks. Explain whether the following event would cause an increase or decrease in supply or
    8·1 answer
  • Nancy and her daughter, Kathleen, have been working together in a cattery called "The Perfect Cat." Nancy formed the business se
    5·1 answer
  • The ________ in the brand value chain determines the extent to which the value created in the minds and hearts of customers affe
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!