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Anna11 [10]
3 years ago
7

When comparing short-run average total cost with long-run average total cost at a given level of output, a. short-run average to

tal cost is typically below long-run average total cost. b. short-run average total cost is typically the same as long-run average total cost. c. short-run average total cost is typically above long-run average total cost. d. the relationship between short-run and long-run average total cost follows no clear pattern.
Business
1 answer:
elena-14-01-66 [18.8K]3 years ago
7 0

Answer:

c. short-run average total cost is typically above long-run average total cost

Explanation:

In the case when the average of the total cost of the short run should be compared with the average of the total cost of the long run for a given output level so this means that the average of the total cost of the short run should be more than the average of the total cost of the long run

Therefore as per the given situation, the option c is considered

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True

Explanation

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7 0
3 years ago
kane manages a used book store he reads a report advising him to stock more encyclopedias. however the report is mistaken custom
Dafna1 [17]

Kane manages a used book store he reads a report advising him to stock more encyclopedias. However the report is mistaken customers in Kane's town hardly ever buy encyclopedias. what problem could this mistake cause?

As mentioned below, if the consumers do not buy the encyclopedias, then they will lose money due to purchasing items that consumers do not want. It's necessary to not only look over reports, but understand the reports to make sure that a business is not overstocking in items that consumers are not actually in demand for. Consumers will purchase items they have a demand for and based on the reports, you can understand the items they are in demand for versus the items they will not be purchasing.

5 0
3 years ago
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Timothy is a passionate speaker and has a political science degree. He is a natural leader and enjoys a challenge. Suzette also
MA_775_DIABLO [31]

Answer:

b) Tim should be in Governance and Suzette should be in Planning.

Explanation:

Sorry this is a bit late

6 0
3 years ago
In recent times, the value of "currency" as well as "checkable deposits" was about $___________ billion each.
Alinara [238K]

Answer:

As of December 2019, the total amount of currency in the US economy was $1,700 billion, while total checkable deposits as of December 2019 was $2,300 billion.

Explanation:

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M1 money supply includes checkable deposits, paper bills and coins (currency) and travelers' checks.

6 0
3 years ago
How does buying a plant asset affect general ledger accounts
Tanzania [10]

Answer:

A plant asset will add to assets and subtract from liabilities.

Explanation:

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I hope I understood the question and that this helps.

7 0
4 years ago
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