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Why does the marginal cost curve cut the average total cost curve at its minimum?
Ur probably in Farzads class... hah xD
Is a Monopolistically competitive firm productively efficient?
No because it does not produce at minimum average total cost
What factors contribute to a company achieving the minimum average total cost in the long run?
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.
What happens when the slope of the total revenue curve is equal to the slope of the total cost curve?
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
When an average cost is at its minimum then?
Per hour, the average wage is a minimum of £5 +, what do you mean by average cost??
Why does the marginal cost curve cut the average total cost curve at its minimum?
Ur probably in Farzads class... hah xD
Is a Monopolistically competitive firm productively efficient?
No because it does not produce at minimum average total cost
What factors contribute to a company achieving the minimum average total cost in the long run?
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.
What happens when the slope of the total revenue curve is equal to the slope of the total cost curve?
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
When the average total cost is at its minimum is it greater than MC equal to MC or smaller than MC?
Equal to MC.
What is the minimum down payment required for a car purchase with a 50 down payment?
The minimum down payment required for a car purchase with a 50 down payment is 50 of the total cost of the car.
When an average cost is at its minimum then?
Per hour, the average wage is a minimum of £5 +, what do you mean by average cost??
What does it mean if a firm has excess capacity?
a firm has excess capacity if it produces below its efficient scale, whcih is the quantity at which total cost is a minimum.
When average cost is at its minimum then marginal cost will be?
mesh
What is formula of minimum carrying cost?
formula for carrying cost?
Is total cost different from overhead cost?
Overhead cost is part of total cost and not different from total cost as formula is as follows: Total cost = material cost + labor cost + overhead cost
What Is The Minimum cost of 2BHK flat interior?
minimum - 10000 Maximum- 10,0000
