Title: The short-run average total cost, average variable cost, and marginal cost curves are all U-shaped b Post by: Loraine on Jun 21, 2015 The short-run average total cost, average variable cost, and marginal cost curves are all U-shaped because of
i. constant total fixed cost. ii. increasing and then decreasing marginal returns as more labor is hired. iii. economies and diseconomies of scale as the plant size increases. A) only i B) only ii C) i and iii D) ii and iii E) i, ii, and iii Title: Re: The short-run average total cost, average variable cost, and marginal cost curves are all U-shap Post by: Chimelo46 on Jul 29, 2015 Content hidden
Title: Re: The short-run average total cost, average variable cost, and marginal cost curves are all U-shaped b Post by: Chimelo46 on Aug 31, 2015 It was nothing, thanks for updating us.
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