22.Ifafirmproducesnothing,itstillincursitsfixedcosts. ANS:TDIF:2REF:13-2NAT:Analytic LOC:CostsofproductionTOP:FixedcostsMSC:Interpretive 23.Theshapeofthetotalcostcurveisunrelatedtotheshapeoftheproduction function. ANS:FDIF:2REF:13-2NAT:Analytic LOC:CostsofproductionTOP:Total-costcurve|Production functi...
百度试题 题目The average fixed cost curve 相关知识点: 试题来源: 解析 always declines with increased levels of output.反馈 收藏
aThe total cost is a curve. It is combination of the total fixed costs (TFC) and total variable costs (TVC). The TFC is a fixed cost; it does not change along with the production. So the TFC will not affect the change of TC. The change of TC completely depends on the change of ...
The average fixed cost curve( ) A. always declines with increased levels of output. B. always rises with increased levels of output. C. declined as long as it is above marginal cost. D. declined as long as it is below marginal cost....
What is a decreasing-cost industry? Why will costs decrease in this industry? Why does a larger amount of the fixed input reduce the slope of the firm's short-run total cost curve? Why does marginal cost rise with amount of output? Why do the marginal costs of production rise...
The average variable cost curve shifts downward if A. there is a decrease in fixed costs. B. there is a technological advance. C. the cost of a variable input increases. D. the price of output decreases. 相关知识点: 试题来源: 解析 B ...
a1.If the long run average cost curve for some product exhibits continuous economies of scale, is it possible for there to be a competitive market in that product in the long run? 1.If历时长久的平均代价曲线为某一产品陈列连续的经济尺度,为了有一个竞争市场从长远看它是否是可能的在那个产品?[...
百度试题 结果1 题目 The marginal cost curve passes through the minimum point of the average fixed cost curve.答案( ) 相关知识点: 试题来源: 解析 错误 反馈 收藏
14.When a quota is imposed on a market the() a.supply curve (above the world price) shifts to the left by the amount of the quota. b.supply curve (above the world price) shifts to the right by the amount of the quota. c.demand curve (above the world price) shifts to the right...
TheLawofSupply:Firmsarewillingtoproduceandsellagreaterquantityofagoodwhenthepriceofthegoodishigh.Thisresultsinasupplycurvethatslopesupward.Harcourt,Inc.itemsandderiveditemscopyright©2001byHarcourt,Inc.TheFirm’sObjective Theeconomicgoalofthefirmistomaximizeprofits.Harcourt,Inc.itemsandderiveditems...