ONone is true46. What statement is 'not' trueOOaverage fix cost increase with more unit of outputaverage variable cost increase with more unit of outputaverage fixt cost decrease with more unit of outputaverage total cost combines average fix cost and average variable cost47. Where is the quantity at the efficient scale of firm?O at the lowest AVCat the lowest MCat the lowest ATCat the lowest AFC 48. What is only happen in the long runfix cost can become variable costfirm has economy of scaleno more opportunity costNone is trueอื่นๆ:49. What are substitute productsO Lactasoy and Vitamilkcomputer screen and keyboardright shoe and left shoetooth brush and tooth pasteอื่นๆ:

D None is true 46. What statement is 'not' true average fix cost increase with more unit of output average variable cost increase with more unit of output average fixt cost decrease with more unit of output average total cost combines average fix cost and average variable cost 47. Where is the quantity at the efficient scale of firm? at the lowest AVC at the lowest MC at the lowest ATC at the lowest AFC

D None is true 46. What statement is 'not' true average fix cost increase with more unit of output average variable cost increase with more unit of output average fixt cost decrease with more unit of output average total cost combines average fix cost and average variable cost 47. Where is the quantity at the efficient scale of firm? at the lowest AVC at the lowest MC at the lowest ATC at the lowest AFC

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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