× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
c
6
r
4
c
3
m
3
h
3
1
3
n
3
s
3
d
3
c
3
a
3
r
3
New Topic  
mbowdish mbowdish
wrote...
Posts: 470
Rep: 4 0
5 years ago

Question 1.

Economies of scale exist where the long-run average cost curve is

• tangent to the marginal cost curve.

• downward sloping.

• horizontal.

• upward sloping.

Question 2.

The typical shape of the long-run average cost curve is like

• the letter "C."

• an inverse of the letter "V."

• the letter "U."

• a circle.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
Read 93 times
2 Replies

Related Topics

Replies
wrote...
5 years ago

Answer 1

downward sloping.

Answer 2

the letter "U."
mbowdish Author
wrote...
5 years ago
Appreciate the effort, thank you!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1136 People Browsing
Related Images
  
 231
  
 309
  
 665
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 824

Previous poll results: Where do you get your textbooks?