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hoa [83]
3 years ago
14

The short run average total cost curve reaches it minimum value at an output level greater than that associated with the minimum

value of average variable cost because
Business
1 answer:
olchik [2.2K]3 years ago
6 0

Answer:

it includes average fixed cost.

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What is the role of business in a global economy?
posledela

Answer:

In any market economy, business plays a huge role. Business is the engine of an economy. Business provides jobs that allow people to make money and goods and services that people can buy with the money they make. Without business, the economy would be very inefficient and/or very primitive.

Explanation:

5 0
3 years ago
Which social network has more than 410 million registered members and because of that popularity, more than 4 million companies
Afina-wow [57]

Answer:

The social media platform with more than 410 million people registered is Linkedin

hope I helped!! :D

Explanation:

7 0
4 years ago
Northern Trail Outfitters (NTO) has created a new onboarding series for customers who have purchased its fitness tracker. Custom
choli [55]

Answer:

The correct answer is A

Explanation:

Personalized recommendations is the which is grounded on the behavior of the user or the customer. These are the items or the product which have been considered, viewed or purchased from one of the customers who is currently or presently considering.

So, NTO, who established the onboarding series which involves the personalized recommendations of the customer but lacks somewhere, therefore, best practice for achieving in the current situation is recommending personally to the customer.

6 0
3 years ago
What is a difference between unemployment and other underused resources, such as unburnt fuel or an idle factory? Select one: a.
fomenos

Answer:

B) The productive potential of labor unused today is lost forever.

Explanation:

The greatest difference between labor and the other factors of production is that labor is extremely perishable. In other words, if you do not work one day, that lost labor cannot be recovered. Labor is similar to services in a way that they cannot be stored or accumulated, nor they can be postponed. But that doesn't mean that all unemployment is negative. Cyclical unemployment is always negative, but if the unemployment rate is below the natural rate, then it means that the economy is overheated. A low unemployment rate is always healthy, e.g. 3.5-4.5%.

Other factors of production can be accumulated, e.g. you can store fuel.

3 0
3 years ago
Total revenue equals A)price per unit times change in quantity sold. b)price per unit times quantity supplied. c)change in price
vovikov84 [41]

Answer:

d) price per unit times quantity sold

Explanation:

Total revenue refers to the total receipts generated by a firm at a given level of output sold. It is represented by:

TR = P × Q

wherein, TR = Total Revenue

              P= Price per unit

              Q= Units or Quantity sold

Marginal revenue refers to the addition to total revenue when an additional unit is sold.

It is expressed as;

MR = TR_{n}\ -\ TR_{n\ -\ 1}

4 0
3 years ago
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