Solved

In the Graph Below,the Price of Capital Is $500 Per

Question 63

Multiple Choice

In the graph below,the price of capital is $500 per unit.When output is 10,000 units,what is long-run average cost? In the graph below,the price of capital is $500 per unit.When output is 10,000 units,what is long-run average cost? A) $0.20 B) $5 C) $20 D) $500 E) none of the above


A) $0.20
B) $5
C) $20
D) $500
E) none of the above

Correct Answer:

verifed

Verified

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

Related Questions

Q57: Which of the following statements is true?
A)In

Q58: The marginal rate of technical substitution is
A)the

Q60: -In the following</p></div><svg width=

Q61: A cow will produce 8500 lbs.of milk

Q63: If a firm is producing the level

Q64: In the graph below,the price of capital

Q66: In the above</p></div><svg width=

Q68: Following is a firm's expansion path.The price

Q77: Diseconomies of scale
A)exist when fixed cost increases

Q78: You overhear a businessman say: "We want

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents