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
Alinara [238K]
3 years ago
13

If a technology displays increasing returns to scale, then: a. The TC curve is increasing at a decreasing rate. b. The ATC curve

is increasing at a decreasing rate. c. The TC curve is increasing at an increasing rate. d. The ATC curve is increasing at an increasing rate.
Business
1 answer:
Dmitriy789 [7]3 years ago
3 0

Answer:

The ATC curve is increasing at a decreasing rate.

Explanation:

Increasing returns to scale is when input used in production process in increased and output increases more than the proportion of the input used.

for example, if technology is increased by 20% and output increases by 50%.

When an input displays increasing returns to scale, the average total cost increases at a decreasing rate. this is because less input is used to produce more output

You might be interested in
The U.S. experience of strong economic growth, full employment, and price stability in the late 1990s and early 2000s can be exp
vodomira [7]

Answer:

b. rightward shift of aggregate demand and a leftward shift of aggregate supply.

Explanation:

The U.S. experience of strong economic growth, full employment, and price stability in the late 1990s and early 2000s can be explained by a rightward shift of aggregate demand and a leftward shift of aggregate supply.

The rightward shift of aggregate demand is as a result of strong economic growth and price stability.

8 0
3 years ago
Read 2 more answers
A bond with a $1,000 face value and an 8 percent annual coupon pays interest semiannually. The bond will mature in 15 years. The
Keith_Richards [23]

Answer:

$781.99

Explanation:

The price of the bond can be computed using excel pv function given below:

=-pv(rate,nper,pmt,fv)

rate is the semiannual yield to maturity i.e11%*6/12=5.5%

nper is the number of semiannual coupons the bond would i.e 30 semiannual coupons in 15 years

pmt is the amount of semiannual coupon=$1000*8%*6/12=$40

fv is the face value of $1000

=-pv(5.5%,30,40,1000)=$781.99  

7 0
3 years ago
Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
yarga [219]

Answer:

$10,700

Explanation:

The unit product cost = $15 + $57 + $3 = $75

Sale revenue = $100 × 8,400 = $840,000

Less :Variable cost

Variable cost of goods sold = 8,400 × $75 = $630,000

Variable selling and administrative = 8,400 × $7 = $58,800

Contribution margin = $151,200

Fixed manufacturing overhead = $132,000

Fixed selling and administrative expenses = $8,500

Net operating income = $10,700

4 0
3 years ago
Assume that demand for a commodity is represented by the equation P=10−0.2Qd. Supply is represented by the equation P=2+0.2Qs, w
svet-max [94.6K]

Answer:

Equilibrium price=6

Equilibrium quantity=20

Explanation:

P=10-0.2Qd

P-10= -0.2Qd

Qd=p-10/-0.2

Qd=-5p+50

P=2+0.2Qs

P-2=0.2Qs

Qs=p-2/0.2

Qs=5p-10

(a)

Qs=Qd

5p-10= -5p+50

5p-10+5p-50=0

10p-60=0

10p=60

p=6

Equilibrium price=6

Equilibrium quantity

Qd=-5p+50

=-5(6)+50

=-30+50

=20

Qs=5p-10

=5(6)-10

=30-10

=20

Equilibrium quantity=20

(c) Graph has been attached showing the equilibrium price and quantity

8 0
3 years ago
The U.S. government funds the federal budget deficit by Group of answer choices borrowing from large private banks at favorable
otez555 [7]

The U.S. government funds the federal budget deficit by selling securities such as Treasury bonds and Treasury bills.

<h3>What is budget deficit?</h3>

Budget deficit is when the government expenditure is more that its revenue. Here, the expenses incurred are more that what comes in as income to the government.

Hence, the U.S. government funds the federal budget deficit by selling securities such as Treasury bonds and Treasury bills.

Learn more about budget deficit here: brainly.com/question/26010226

#SPJ12

4 0
2 years ago
Other questions:
  • Jim's Espresso expects sales to grow by 10.3 % next year. Using the following statements and the percent of sales​ method, forec
    14·1 answer
  • Gage buys from fishing guide corporation the exclusive right to sell fishing guide rods and reels in a certain area. their franc
    10·1 answer
  • HELP ME PLEASE!!!!!!!!!!!!
    7·2 answers
  • Assuming that you are a hospital administrator and you realize that a major piece of medical equipment needs to be replaced in f
    14·1 answer
  • The December 31, 2015, balance sheet of Maria’s Tennis Shop, Inc., showed current assets of $1,105 and current liabilities of $9
    5·1 answer
  • Splish Corporation has outstanding 2,200 $1,000 bonds, each convertible into 50 shares of $10 par value common stock. The bonds
    5·1 answer
  • The warsaw pact was a merger of communist nations after world war ii as a reaction to this alliance of democratic nations
    15·1 answer
  • When problem-solving, a person should ask:<br> who.<br> how.<br> where.<br> why
    9·2 answers
  • The price-elasticity of demand coefficient, Ed, is measured in terms of:_______
    9·1 answer
  • 2. Should the U.S. government support U.S. tobacco company interest abroad if they are using harmful tactics
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!