Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

When the curve that envelops the sweries of possible short-run average total cost curves is horizontal, this means that they are a. economies of scale, b. dieconomies of scale, constant returns to scale, diminishing returns, or some fixed factors of production

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M9501743

Have any Question?


Related Questions in Microeconomics

Question a firm uses two inputs in production capital and

Question: A firm uses two inputs in production: capital and labor. In the short run, the firm cannot adjust the amount of capital it is using, but it can adjust the size of its workforce. What happens to the firm's avera ...

Question suppose the us government decides to reduce

Question: Suppose the U.S. government decides to reduce military spending. Using the Simple Keynesian model, describe graphically the impact of this event on equilibrium real GDP. If equilibrium real GDP was equal to its ...

Question is there a gender gap in public relations why does

Question: Is there a gender gap in public relations? Why does the field attract more women than men? How does each gender perceive careers in public relations? Focus groups with majors at three universities provided some ...

Question describe how each of these changes is likely to

Question: Describe how each of these changes is likely to affect poverty and inequality: a. Incomes rise for low-income and high-income workers, but rise more for the high-income earners. b. Incomes fall for low-income a ...

Question consider a welfare program in which individuals

Question: Consider a welfare program in which individuals who do not earn any income receive $100 in benefits but benefits decrease with earned income: for each dollar earned 50 cents of benefits are withdrawn and this i ...

Question a firms total cost and marginal cost functions

Question: A firm's total cost and marginal cost functions are: TC = 10 Q2 + 2Q-2; MC = 20 Q + 2 Assume that the market price is 42 and that the marginal revenue (MR) is also 42 (it is constant at all output levels). A) T ...

Question in 1955 the last year when social security

Question: In 1955, the last year when social security payments included only old-age payment (before disability), payments totaled $4.9 billion. For 2001, the figure was $433 billion (excluding Medicare, which was anothe ...

Question what is the effective semi-annual every 6 months

Question: What is the effective semi-annual (every 6 months) interest rate for a 10% nominal annual loan with weekly compounding. NOTE: Enter your percentage as a whole number to 3 decimal places (i.e. 10.512% would be e ...

Question two firms share a building guards patrolling the

Question: Two firms share a building. Guards patrolling the building protect both the stores. The jewelrystore's demand curve for guards is strictly greater at all prices than that of the hat store. Themarginal cost of a ...

Question consumer surplus is used as a measure of a

Question: Consumer surplus is used as a measure of a consumer's net benefit from purchasing a good or service. Explain why consumer surplus is a measure of net benefit. The response must be typed, single spaced, must be ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As