menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Study Set 3
  4. Exam
    Exam 7: Costs
  5. Question
    -The Long-Run Average Cost Curve May Initially Slope Downward Due
Solved

-The Long-Run Average Cost Curve May Initially Slope Downward Due

Question 34

Question 34

Multiple Choice

  -The long-run average cost curve may initially slope downward due to A)  decreasing average fixed costs. B)  increasing marginal returns. C)  economies of scale. D)  All of the above.
-The long-run average cost curve may initially slope downward due to


A) decreasing average fixed costs.
B) increasing marginal returns.
C) economies of scale.
D) All of the above.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q29: Suppose that each worker must use only

Q30: If there are diseconomies of scale within

Q31: In the long run,fixed costs are<br>A) sunk.<br>B)

Q32: In the long run,the expansion path is<br>A)

Q33: Many universities have either a top football

Q35: Economic efficiency entails<br>A) producing a given amount

Q36: Which of the following will cause the

Q37: What are the functions for MC and

Q38: Long-run average cost is never greater than

Q39: Fixed costs are<br>A) a production expense that

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines