When the actual output had not achieved when certain limit, the marginal cost decreases progressively along with the output expansion; When the output surpasses certain limit, the marginal cost increases progressively along with the output expansion.Because, when the output surpasses certain limit, [...
When the production possibilities frontier is bowed outwards, the opportunity cost of producing more of one good A. increases in terms of the amount foregone of the other good. B. decreases in terms of the amount foregone of the other good. C. remains constant. D. cannot be determined. ...
At a time when industries are under greater pressure to reduce costs and increase efficiencies, more production facilities are turning to digital sensing technology to provide the real-time insights they need for improved performance. What if one digital sensor could measure multiple signals? Yokogawa...
Average variable cost is the total variable cost per unit of output incurred when a firm engages in short-run production. ... In general, average variable costdecreases with additional production at relatively small quantities of output, then eventually increases with relatively large quantities of o...
When aggregate demand decreases, what happens to real GDP and unemployment?If interest rates rise, we are likely to see the real-world money multiplier: a. decrease because k rises b. increase because k rises c. decrease because k falls d. increase...
Answer and Explanation:1 The correct answer is: b) during a recession When the inflation rate drops below 0% and there is a decrease in the price levels of goods and services...
According to statistics from the U.S. Department of Labor,labor costsare one of the largest expenses any company has to absorb. In the retail industry, they average roughly 20% of total revenue—even more than the cost of inventory on hand in most cases! Other industries, including the foo...
Gaining access to these invaluable insights in one visually presentable space will allow you to track increases or decreases in orders over a set timeframe (and understand whether you’re doing the right things to drive engagement) while plowing your promotional resources into the products that are...
When the government levies a tax on a good equal to the external cost associated with the good’s production, it _ the price paid by consumers and makes the market outcome _ efficient. () A. increases, more B. increases, less C. decreases, more D. decreases, less 相关知识点: 试题...
Integration performance decreases after an upgrade Invalid Unit Cost when doing PA Timesheet integration Login failed for user '[User Name]' Non-administrator user experiences VBA permission problems Object reference not set to an instance of an object ...