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For the average total cost curve of a firm without economies of scale what happens to costs as output increases?
costs go down
For the average total cost curve of a firm without economies of scale what happens to cost as output increases?
costs go down
As output increases total variable costs?
If the output increases, so will the variable cost. Though, variable cost is not directly proportionate to the output, still it will witness an incline.
For the average total cost curve of a firm without economies of scale what happen to costs as output increases?
costs go down
What are example of expenses?
Variable costs are costs that increase in total as output increases. For example, total labor costs increase per each hour worked; total direct materials costs increase per unit produced, etc.
What are example of variable expenses?
Variable costs are costs that increase in total as output increases. For example, total labor costs increase per each hour worked; total direct materials costs increase per unit produced, etc.
What happens Cost driver activity level increases within the relevant range?
total fixed costs remain unchanged
What is the behavior of total variable cost as output increases?
tvc will also inscrease as output increase
When a manufacturer increases output what cost will decrease?
average total cost
How does specialization increase total output in economics?
I'm a freshman at Utah State diving into macroeconomics. One of the key points from my text states: "Knowledge increases productivity, do specialization increases total output." Can someone help me understand this? What is the total output, our goods, our economy? Or can someone give me am example to relate it to?
What happens to the size of the amplitude as frequency increases?
The answer depends upon the conditions of the environment. If the available energy to the wave generator is unbounded, then there is no impact on amplitude as frequency increases. However if total energy rate is constant, then the amplitude must decrease as frequency increases in order to maintain the same energy output.
What happens to the acceleration when the total mass increases but unbalanced force remain constant?
Acceleration increases
