Answer:
Marginal cost will equal average total cost when marginal cost is at its lowest point.
Explanation:
The marginal cost curve always intersects the average total cost curve at its lowest point because the marginal cost of making the next unit of output will always affect the average total cost. As a result, so long as marginal cost is less than average total cost, average total cost will fall.
When marginal cost is below average total cost, average total cost will be falling, and when marginal cost is above average total cost, average total cost will be rising. A further m is most productively efficient at the lowest average total cost, which is also where average total cost (ATC) = marginal cost (MC).
Answer:
A) horizontal lines
Explanation:
An indifference curve is a curve that shows the two combinations of goods that gives a consumer equal satisfaction.
If Monroe's utility doesn't increase with the consumption of crab cakes, his indifference curve would be a horizontal line. This is because crab cakes and tuna are perfect subsistuites. Monroe would be willing to substitute tuna for crab cakes as he doesn't derive any satisfaction from consuming tuna.
I hope my answer helps you
<span>If a court decision would serve no real practical effect, the case could very well be dismissed due to mootness. Mootness happens when further legal proceedings well serve no means or if events have been placed beyond the reach of the law.</span>
Answer:
$25000
$57142.857
Explanation:
Given that :
Amount deposited = $4000
A.) reserve requirement = 16%
The total value of checkable bank deposit is given by ;
Money multiplier * Amount deposited
Money multiplier = 1 ÷ reserve requirement
Hence ;
(1 / 0.16) * 4000
= 6.25 * 4000 = $25000
B.) Reserve requirement of 7%
Money multiplier * Amount deposited
= (1 ÷ 0.07) * 4000
= $57142.857
Answer:
Cannot be reduced for even short periods of time without making fundamental changes.
Explanation:
discretionary fixed cost in domain of finance can be regarded as expenditure that is incurred for a fixed asset as well as specific cost period , this cost can be reduced because if reduced it will not have impact immediately on the profit of the company. It should be noted Discretionary fixed costs Cannot be reduced for even short periods of time without making fundamental changes.
