19.Thetypicaltotal-costcurveisU-shaped. ANS:FDIF:2REF:13-2NAT:Analytic LOC:CostsofproductionTOP:Total-costcurve MSC:Interpretive 20.Theaveragefixedcostcurveisconstant. ANS:FDIF:2REF:13-2NAT:Analytic LOC:CostsofproductionTOP:Averagefixedcost MSC:Interpretive 21.Intheshortrun,ifafirmproducesnothing,...
AFirm’sTotalRevenueandTotalCost Total The Revenue amountthatthefirmreceivesforthesaleofitsoutput.Total The Cost amountthatthefirmpaystobuyinputs.Harcourt,Inc.itemsandderiveditemscopyright©2001byHarcourt,Inc.AFirm’sProfit Profitisthefirm’stotalrevenueminusitstotalcost.Profit=Totalrevenue-...
The average cost curve is u-shaped curve first decreased and then increased, and cost at least at the lowest point of the local output, the average total cost down to cause the output to increase. It began to rise because average variable costs have risen sharply. ...
百度试题 结果1 题目The average variable cost curve must always be U shaped.答案( ) 相关知识点: 试题来源: 解析 错误 反馈 收藏
百度试题 题目The average variable cost curve must always be U shaped.相关知识点: 试题来源: 解析 错 反馈 收藏
This results in a supply curve that slopes upward. The Firm’s Objective The economic goal of the firm is to maximize profits. A Firm’s Total Revenue and Total Cost Total Revenue The amount that the firm receives for the sale of its output. Total Cost The amount that the firm pays to...
The average variable cost curve must always be U shaped. A.对 B.错 点击查看答案
A. The marginal cost curve must have a negative slope. B. The average total cost curve must have a negative slope. C. The marginal cost curve is below the average variable cost curve. D. both (b) and (c) are correct. 相关知识点: ...
The marginal cost curve is U shaped in the short run because of the law of diminishing returns. At this stage, the total cost as well as variable cost... See full answer below.Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question ...
The U-shaped profile frame to hold sheets, such as glass panes (1) or plastics panels, has a mounting leg (3a) to hold a sid the pane (1), held at the holder leg (2) by a groove/tongue mounting (5,3b). The tongue (3b) has a toothed structure (7) which l into a correspond...