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If you're behind a web filter, please make sure that the domains *.kastatic.org and *.kasandbox.org are unblocked. As a firm grows, decision making may slow, impairing efficiency and Raisingaverage total cost. Which of the following are examples of diseconomies of scale? Opportunitiesto shirk work increase and result in increased average total costsSlower decision making leads to increased average total costsWhich of the following worker productivity factors often leads todiseconomies of scale? Slower coordinated decision making to workersWorker alienation from the employerIncreased opportunities to shirk and avoid workIn production, constantreturnsto scale occur between economies and diseconomiesof scale, where long-run average costs do not change as output continues toincrease.Blank 1:returnsorreturnChapter 9-10结构 Chapter9-10Which of the following best determines a firm's decisions regarding price andMarket models are distinguished based upon differences in:Product __ distinguishes __ competition from all other market structures.Which of the following are considered the four distinct market structures economistsgroup industries into?Which of the following describes an industry that would best fit the monopolisticallycompetitive market structure? All of the following describe the characteristics of the four market models,exceptwhether a firm is privately or publicly held. Get answer to your question and much more Upload your study docs or become a Course Hero member to access this document Upload your study docs or become a Course Hero member to access this document Recommended textbook solutions
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Which of the following indicates the profit maximizing level of output?A manager maximizes profit when the value of the last unit of product (marginal revenue) equals the cost of producing the last unit of production (marginal cost). Maximum profit is the level of output where MC equals MR.
What are two ways that a purely competitive firm can determine the level of output at which it will realize maximum profit or minimum losses?There are two complementary approaches to determining the level of output at which a competitive firm will realize maximum profits or minimum losses. The first involves a comparison of total revenue and total costs; the second, a comparison of marginal reve- nue and marginal cost.
At which point will a firm be indifferent whether to shut down or continue to produce?It is where the marginal cost (MC) curve intercepts the average variable cost (AVC) curve. The firm is indifferent between shutting down and continuing production where losses equal to the total fixed costs are incurred regardless of either decision.
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In this table, at a price of $81.00, the loss-minimizing level of output is _____.
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