- AC = AR
- MC = AC
- MC = MR
- AR = MR
Answer: Option 1 Let'
1 Answers 1 viewsAnswer: Option 4 Rectangular hyperbola is the shape of the average fixed cost (AFC) curve. The AFC curve is a rectangular hyperbola in the sense that all rectangles formed by...
1 Answers 2 viewsAnswer: Option 2 The slope of isothermal process in $$p-v$$ plane is \[\frac{{dP}}{{dV}} = \frac{{ - P}}{V}\] The slope of adiabatic process in $$P-V$$ plane is \[\frac{{dP}}{{dV}} = - \gamma \frac{P}{V}\] \[...
1 Answers 1 viewsAnswer: Option 1 When AC = AR, we know that the firms are earning just normal profits.
1 Answers 1 viewsAnswer: Option 1 Let'
1 Answers 1 viewsAnswer: Option 3 Let'
1 Answers 1 viewsAnswer: Option 2 Let'
1 Answers 3 viewsAnswer: Option 5 In the absence of such a ceiling, the companies would be involved in a mutual competition of salaries, in a bid to attract the most competent professionals....
1 Answers 1 viewsAnswer: Option 1 larger, more.
1 Answers 1 viewsAnswer: Option 4 Let'
1 Answers 1 views