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Expliain Cost- Output relationship both in the short-run and long-run?

THE SHORT-RUN COST-OUTPUT RELATIONSHIP REFERS TO A PARTICULAR SCALE OF OPERATION OR TO A FIXED PLANT. IT INDICATES VARIATIONS IN COST OVER OUTPUT FOR THE PLANT OF A GIVEN CAPACITY AND THEIR RELATIONSHIP WILL VARY WITH PLANTS OF VARYING CAPACITY.


Importance of capacity decisions?

importance of capacity decisions and hive examples on each


Why companies engage in international business?

Companies engage in international trade to:Reach new markets and increase sales.Increase profit and revenue in order to be a stronger competitor in the domestic market.Increase diversification to offset the seasonality of certain products (eg. no one buys umbrellas in California during the Summer).Increase diversification to offset economic slumps or recessions.Put excess capacity (factories that are not being used) to use.


Why does periods of low interest rates create jobs?

It can, if two additional conditions exist. 1)Banks have to be willing to lend the money, and at a low interest rate. 2)Companies have to see that demand for their products exceed their capacity to produce the product, so they will borrow to expand their manufacturing capacity and make money. This creates more jobs. Right now banks aren't lending , and consumers demand doesn't justify borrowing to expand capacity. The question is how do we get people buying and how do we get bankers lending. The answer is banks need borrowers with collateral. There are few borrowers with collateral . How do we get people buying? Wages need to increase.


What causes an economy to experience expanding production capacity?

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Related Questions

Describe experience in a management capacity?

There are many different experience in a management capacity that you could have. You describe these experiences collectively or individually for example.


In what capacity do Americans work in England?

Americans in England typically work in a variety of capacities, including as expatriates, students, professionals, or in specialized roles within multinational companies.


What is tonage of goodman heat pump hhp224akc3?

The Goodman heat pump model HHP224AKC3 typically has a cooling capacity of 2 tons. This corresponds to a nominal capacity of about 24,000 BTU per hour. It's important to verify the specific model details with the manufacturer's specifications for any variations or updates.


Are photons conscious?

Photons are particles of light that do not possess consciousness. Consciousness is typically associated with self-awareness, perception, and the ability to experience subjective states, which photons do not have the capacity for.


What is the magazine capacity of the Colt M1911 series pistols?

The 1911 is manufactured by many different companies, and in a number of sized. There are compact models, which typically hold six rounds, and there are full sized models, which typically use a seven round magazine.


What is the freon capacity on a ch613 mack?

The freon capacity for a Mack CH613 typically ranges from 24 to 30 ounces, depending on the specific model and configuration of the air conditioning system. It's important to consult the vehicle's service manual or manufacturer specifications for the exact capacity, as variations may exist based on the system installed. Always ensure the system is properly charged for optimal performance.


What is the engine oil capacity for a Mitsubishi Canter 4d30 engine?

The engine oil capacity for a Mitsubishi Canter 4D30 engine is typically around 7.5 liters when including the oil filter. It's important to consult the owner's manual or manufacturer's specifications for the exact capacity, as variations may exist based on specific models or configurations. Always check the oil level after filling to ensure it is at the correct level.


What differences do you find between the lifestyle of people live in on high altitude and low altitude?

People living at high altitudes may experience lower oxygen levels, leading to adaptations like increased lung capacity and red blood cell production. They may also have to deal with extreme temperature variations, while those at low altitudes typically experience more stable temperatures. Additionally, people at high altitudes may have different cultural practices and diets shaped by their environment.


What is freon capacity of 1998 GMC suburban?

The freon capacity for a 1998 GMC Suburban typically ranges from 2 to 3 pounds, depending on the specific air conditioning system installed. It's important to refer to the vehicle's service manual or consult with a professional mechanic for the exact specifications, as variations may exist based on the model and equipment.


Which one of the following is the best synonym for ability 1 motivation 2 experience 3 capacity 4 intellect?

capacity


What is the magazine capacity of a Winchester Model 94?

If it is a carbine, 20" barrel, the book says 6 in the magazine. I just tried mine and I can get 7 in the magazine but I did experience a problem with the loading gate so maybe we should use the factory number of 6. A rifle, 26" barrel, the book says 8 in the magazine. There are, of course, magazines of shorter lengths with less capcaity. The above numbers do not include 1 in the chamber.


What are the objectives of telecommunication companies?

The objectives of telecommunication companies typically include providing reliable and efficient communication services to customers, expanding their network coverage and capacity, investing in technology innovation, improving customer satisfaction, and achieving profitability and growth in the market.