Answer:
The correct answer is The firm's average cost of production remained unchanged over the last 100 units.
Explanation:
The minimum efficient scale is called the value of production for which the average long-term cost is minimal and also coincides with the marginal cost.
On the minimum efficient scale it is said that we are in the smallest possible production in which a long-term competitive company would be interested in producing. Below that value, the company would go into losses and should close.
The curve of long-term average costs is obtained from the envelope of the infinite possible curves of short-term average costs for different plant sizes, that is, for different levels of capital. From this envelope, a U-shaped average cost curve is obtained, at which minimum, precisely, the minimum efficient scale is found.
<span>The world’s richest countries are mostly found in Europe.
Therefore Sandra will be presenting most of the countries located in <u>“Europe”</u>.</span>
<span>One possible factor why Europe is so rich is because of
the numerous wars it encountered. Aside
from the wealth obtained in the conquest, wars also lead to advancement in
technology. </span>
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The word that completes the sentence is bureaucratic. bureaucratic control is one of the control systems that are defined as systems of rules that are devised and implemented that are applicable to global business and maybe unique to a specific business. it is an important tool for risk management as well.
Answer: 2 years
Explanation:
Years of existing of the firm=30 years
Number of associates= 300,
Number of Managers= 70;
Number of partners= 30;
Total number of workers=400
Number of years associates has been changed in last 30 year=30/5=6
Number of years managers has been changed in last 30 year=30/3=10
Number of times for partner=x
Number of years partners has been changed in last 30 year=30/x=15
15x=30
x=30/2
x=2 years