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Is it impossible for marginal profits to decline if average profits are positive?
Wiki User
∙ 12y ago
yes it is
Wiki User
∙ 12y ago
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Relationship between marginal cost and average total cost?
The cost curves best tells us the relationship between the marginal cost and average total cost. The average fixed cost (AFC) curve will decline as additional units are produced, and continue to decline.
Are marginal revenue average revenue and price are all equal for a monopolist?
No, in a monopolistic market, marginal revenue is less than average revenue and price. This is because the monopolist must lower the price in order to sell more units, leading to a decline in revenue per unit.
If the marginal propensity of consumption begins to decline what will happen to the average propensity of consumption?
If the marginal (per unit) consumption goes down, then the average consumption will also go down because the average is a function of each unit's individual value. In other words, if the marginal perpensity to consume for the past 3 months was .2 each month, and for the next month it went down to .1, then your average would be: Month 1 Avg = .2 Month 2 Avg = .2 (.2+.2/2) Month 3 Avg = .2 (.2+.2+.2/3) Month 4 Avg = .175 (.2+.2+.2+.1/4)
What is diminishing marginal productivity?
What it comes down to is too many workers, not enough resources for them all to use at the same time to be productive, thus resulting in the decline of production.
How much will gas consumption decline if Catalytic converter is broken?
Impossible to say, will vary from vehicle to vehicle.
Positive effect of the crusade?
Some positive affects were that it helped feudalism to decline, increase trade between the middle east and it hepled spread cultural diffusion. =] your welcome
At what BAC do an average person's reflexes and alertness begin to decline?
0.04-0.06
What is the lifestyle of the average fish?
There is no such thing as an "average fish". There are so very many species of fish living totally different lifestyles in so many different conditions that it would be impossible to average out their lifestyles. So other than to say they all go " from embryo through continuous growth and development into mature adults then they breed and eventually decline and die" that just about sums it up.
Why does planck curve decline after reaching the peak wavelength?
A blackbody can only emit a finite amount of power, so the curve better decline. In other words the integral from nu = 0 to nu=positive infinity had better be finite.
What causes average fixed cost to decline?
The average fixed cost curve is negatively sloped. Average fixed cost is relatively high at small quantities of output, then declines as production increases. The more production increases, the more average fixed cost declines. The reason behind this perpetual decline is that a given FIXED cost is spread over an increasingly larger quantity of output.
In short run does a decline in aggregat demand create a recession?
Yes and no, depending on the situation. If an economy is doing very well, a decline in aggregate demand is a GOOD thing, as it helps keep inflation at bay. If an economy is doing sub-par or even average, a decline in demand can lead to a decline in business activity and consumer spending, which can lead to a recession.
Would it be ethical for you to write a positive reference even though you consider the person unreliable?
Yes, it would be unethical. You could decline to write the letter altogether or, if not, you could write the letter but restrict it to what positive attributes the person might have.
