The range of output for which long-run average cost curve

Assignment Help Business Economics

Reference no: EM131112913

1. Diseconomies of scale exist over the range of output for which the long-run average cost curve is:

a. falling.

b. constant.

c. rising.

d. subject to diminishing returns.

2. If a monopolist finds that at the present level of output marginal revenue exceeds marginal cost, the firm should:

a. maintain the current output.

b. expand output.

c. shut down.

d. reduce output (but still produce).

e. raise prices.

Reference no: EM131112913

Questions Cloud

Estimate how many electrons there are in your body : Estimate how many electrons there are in your body

Return on common stockholders equity : What effectwill this have on its debt to total assets ratio and on its return on common stockholders' equity? (Number example would be greattoo)

In the life-cycle hypothesis of consumption : In the life-cycle hypothesis of consumption, two individuals with the same age, tastes, family composition, and income will

What is meant by the child protection system : Identify the importance of CPS intervention programs, and if you think the courts act in the best interest of an abused child when they allow that child to remain with the family. May certain circumstances allow for this? Explain.

The range of output for which long-run average cost curve : Diseconomies of scale exist over the range of output for which the long-run average cost curve is: If a monopolist finds that at the present level of output marginal revenue exceeds marginal cost, the firm should:

To what temperature should the ring be warmed : if the ring and the shaft together are cooled by some means such as liquid air, at what temperature will the ring just slip off the shaft?

Respond as if you are speaking directly to the author : Respond as if you are speaking directly to the author. Use APA formatting and cite references. Based upon the currently confused definitions that the United States use regarding domestic terrorism it would seem that a number of attacks that we cu..

What role do client relationships play in innovation : What role do client relationships play in innovation? How do client relationships help one stay competitive? What are examples of solutions as described in the article?

Differ in their treatment and punishment of criminals : A group of attorneys, judges and law professionals have collaborated to write a uniform criminal code. The code would create uniformity in criminal law across the United States, defining what constitutes a misdemeanor, what constitutes a felony, how ..

User Account

All Pages