Ur probably in Farzads class... hah xD
No because it does not produce at minimum average total cost
In the long run, a company can achieve the minimum average total cost by optimizing production processes, reducing input costs, increasing efficiency, and achieving economies of scale.
a. monopoly profit is maximized. b. marginal revenue equals marginal cost. c. the marginal cost curve intersects the total average cost curve. d. the total cost curve is at its minimum. e. Both A and B
Per hour, the average wage is a minimum of £5 +, what do you mean by average cost??
Ur probably in Farzads class... hah xD
No because it does not produce at minimum average total cost
In the long run, a company can achieve the minimum average total cost by optimizing production processes, reducing input costs, increasing efficiency, and achieving economies of scale.
a. monopoly profit is maximized. b. marginal revenue equals marginal cost. c. the marginal cost curve intersects the total average cost curve. d. the total cost curve is at its minimum. e. Both A and B
Equal to MC.
Per hour, the average wage is a minimum of £5 +, what do you mean by average cost??
The minimum down payment required for a car purchase with a 50 down payment is 50 of the total cost of the car.
mesh
a firm has excess capacity if it produces below its efficient scale, whcih is the quantity at which total cost is a minimum.
formula for carrying cost?
minimum - 10000 Maximum- 10,0000
NTERSECTS