When marginal cost is less than average​ cost, an increase in output ▼ average cost. when marginal cost exceeds average​ cost, an increase in output ▼ up arrow↑ down arrow↓ average cost?

Answers

Answer 1
It's hard to figure out what exactly the question is but the following should cover it: When marginal cost is less than average cost an increase in output lowers the average cost. When marginal cost exceeds average cost an increase in output increases the average cost. This is because you can produce a new item cheaper than what the previous items cost on average. So the new average is lower. The opposite is also true. If the next item costs more than the previous average cost, the new average is higher.
Answer 2
Final answer:

When marginal cost is less than average​ cost, an increase in output ▼ average cost. When marginal cost exceeds average​ cost, an increase in output ▼ up arrow↑ down arrow↓ average cost.

Explanation:

When marginal cost is less than average cost, an increase in output results in a decrease in average cost. This is because the additional units produced at a lower marginal cost bring down the average cost. On the other hand, when marginal cost exceeds average cost, an increase in output leads to an increase in average cost. This is because the additional units produced at a higher marginal cost pull up the average cost.

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Related Questions

When external benefits are significant: market output is too high. market output is too low. market output is at the efficient level. social surplus is maximized?

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External benefits are more significant when market output at the efficient level. So if anyone ignores the external benefits and only focuses on private benefits, this may lead to market quantity getting low and also the social surplus might get to its minimum.

Le maillot jaune, inc., is a sports clothing retailer incorporated in france. if it transacts business in chicago, le maillot jaune, inc. would be characterized as

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Le Maillot Jaune, Inc. would be characterized as an alien corporation. This type of corporation is incorporated in a foreign country but doing business in the United States is classified as alien in the state they do business in. Some countries do not denote to U.S.-based corporations with this word.

The ceo of perry's pizzeria, a rapidly growing restaurant chain, is committed to a high level of corporate social responsibility along with continued business success. which action by the ceo would most enhance the company's reputation for social responsibility?

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For example, pizzeria chain can commit to only use organic ingredients in their pizza-making process, and make the best effort to source them locally if possible. Meat and dairy ingredients should be sourced from the ethical producers. This effort should be publicized both in the media and also on the packaging of their take-out pizza.

What product is likely to have the most elastic demand?

a.bananas

b.gasoline

c.insulin?

Answers

I think it is a.bananas

The banana is the product that is most likely to have the most elastic demand among others.

What is an elastic demand?

This is a demand that is influenced by the price of a good or service which affects consumer demand

Hence, the banana have the most elastic demand among others because it can be do without.

Therefore, the Option A is correct.

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A minimum of _____________ african captives were transported to the americas during the trans-atlantic slave trade. 10 million 8.5 million 7 million 5 million

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A  minimum of 8.5 million African captives was transported to America during the transatlantic slave trade. From 1440–1640,  the Portuguese slavers had a  monopoly on the slaves export from Africa. It was in the 18th century where 6 million Africans were carried by the slave trade,  while  British slavers transported  2.5 million. 

_______________ is the process of selling goods and services to individuals for their personal use?

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The correct answer is retailing.
Retailing is the process of selling goods and services to individuals for their personal use. You have stores, which are considered to be retailers of particular goods and services, and then you have customers who go there to buy those goods and services.

Obtaining commitment from _____ is critical for diversity programs to succeed so that other parties in the organization will take it seriously.

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Answer: TOP MANAGEMENT
Obtaining commitment from TOP MANAGEMENT is critical for diversity programs to succeed so that other parties in the organization will take it seriously.
Today is the world of multicultural collaboration where people work with people from diverse cultures and religion. The diversity programs play important role in understanding different cultures and beliefs. This removes discrimination and makes an organization a better place to work in.

What are two ways to get the most out of nonrenewable resources?

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Two ways to get the most out of these sources would be to Recycle and Reuse

During a typical performance at seaworld what activities do the orcas do

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The orcas at Sea World do many activities in their shows. They do dives and jumps. They also catch balls, jump through hoops, retrieve items, and more. They do all of this for rewards of fish which is what is used when they're being trained.

In a Seaworld performance, orcas perform breaches, spy-hopping, and display trained hunting behaviors. Captive orcas might show a flopped over dorsal fin indicating stress and generally have a significantly reduced lifespan. They communicate with pod-specific sounds and have complex social behaviors in the wild.

During a typical performance at Seaworld, orcas are known to exhibit a variety of behaviors that are trained by their handlers. They often perform high jumps or breaches, where they leap out of the water, creating a spectacular splash upon re-entry. Orcas are also known for their ability to balance on their tails in a movement called 'spy-hopping,' where they raise their bodies vertically out of the water to observe their surroundings.

Furthermore, they might be seen mimicking the hunting techniques they use in the wild, such as slapping the water with their tails or coordinating with other orcas in the pod. One activity unique to orcas in captivity, which might be a sign of stress as noted by some researchers, is when their dorsal fins flop over, a phenomenon rarely seen in the wild.

In addition to these activities, orca pods communicate using a repertoire of sounds, each pod with its unique dialect. Unfortunately, the orca's life span tends to be significantly reduced in captivity, with an orca taken from the sea living about five years after capture on average. This is a stark contrast to the complex and far-reaching lives they lead in the wild, where they demonstrate various unique behaviors and possess intricate social structures.

When setting prices, the company also must consider other factors in its external environment. how will _______ react to various prices? the company should set prices that will allow these people to receive a fair profit?

Answers

Sorry don't know the answer but keep up the good work

Dallas is the manager of a manufacturing company. dallas's approach is to break down assembly workers' jobs into a series of elementary tasks, determine the best way to perform those jobs, and then train workers accordingly. his approach is consistent with the principles of

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job specialization, which is the main principle used in the assembly line which has been used by many manufacturing companies for mass production for many years. This principle encourages each person to specialize in just a few tasks and to continue doing just those tasks. The output would be combined to make the end product. 

Government attempts to prohibit monopolization of a market are known as __________.

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Government attempts to prohibit monopolization of a market are known as antitrust regulations.

why might working in a commission basis make dealing with finances more difficult?

Answers

Working on a commission basis may make dealing with finances more difficult because one is not on a regular salary. A commission means you only get paid for a sale or a completed task. If you do not sell enough, or fail to complete enough tasks, your income may be reduced. Thus, planning your finances becomes difficult.

Final answer:

Dealing with finances on a commission basis is complicated due to income variability, which hinders consistent budgeting and necessitates a balance between performance incentives and stable earnings to align with company objectives.

Explanation:

Working on a commission basis can make dealing with finances more challenging because the income earned is often directly tied to performance, leading to fluctuations in earnings. This variability can complicate budgeting and financial planning, as an employee's income is not fixed and may significantly vary from month to month. Moreover, individuals paid on commission must be motivated and skilled, as higher commissions are often given to the more able agents who can handle more risk for the potential of greater returns. While commissions are meant to incentivize and motivate employees, inaccurately designed commission structures can result in unintended negative outcomes, such as neglecting certain customer segments or excessive discounting, counterproductive to company objectives.

Proper management of the balance between base salary and commissions is crucial to align with company goals and ensure financial stability for the organization and its employees. Additionally, the timing of key management decisions like selling assets or hiring staff can significantly impact an organization's financial position, potentially complicating budgetary concerns for those on a commission-based pay structure even further.

Wesley is a manager in an organization where a great deal of interaction is required between himself and his workers and new problems arise frequently. wesley is likely to have

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Wesley is likely to have a narrow span of control. This means a single leader or supervisor supervises few subordinates. This contributes to a rise of a tall organizational structure. On the other hand, wide span of management means managing a large number of employees. A narrow span of control has its disadvantages, one of this is it inclines to split the organization into smaller department making more problems between the departments.

Hutch technology makes computer monitors, which sell for $500 each. what is the opportunity cost of producing ten monitors?

Answers

The answer to the question is:
"The opportunity cost of producing ten monitors is the other goods that could be produced with the resources that produce the ten monitors."

Opportunity cost means the profit or benefit someone might have gained but did not because he/she chose another way to do the business.

Using the information given in both of these tables to compare living standards in lusitania and​ arctica, you should use​ ____________.

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Using the information given in both of these tables to compare living standards in Lusitania and​ Arctica, you should use the approach in which you  convert both values to U.S. dollars using the purchasing power​ parity-adjusted exchange rate.   Yous should use this approach because it takes into account the relative costs for each country.

Cable tv operators and cellular carriers suffer from high levels of​ ________, or customer defections.
a. customer retention
b. customer churn
c. customer complaints
d. detraction
e. ​share-of-wallet

Answers

The answer is B, customer churn. The churn rate, otherwise called the rate of whittling down, is the level of supporters of an administration who suspend their memberships to that administration inside a given day and age. For an organization to extend its demographic, its development rate, as measured by the quantity of new clients, must surpass its stir rate.
Cable TV operators and cellular carriers suffer from high levels of customer churn , or customer defections. Answer:B
Other term that have the same meaning are customer attrition and customer turnover. The terms denote the situation in which customers cease their relationship with a company and the company looses clients or customers.

2 a food pyramid consists of 10 million calories' worth of diatoms. how much of this is passed on to third level consumers, such as large fishes?

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A food pyramid consists of 10 million calories' worth of diatoms. How much of this is passed on to third level consumers, such as large fishes?

If a food pyramid consists of 10 million calories' worth of diatoms, then 10 thousand calories will be passed on to third-level consumers, such as large fish.

What is a food pyramid?

A food pyramid refers to a representation of the optimal number of servings to be eaten each day from each of the basic food groups. The first pyramid was published in Sweden in 1974. The 1992 pyramid introduced by the United States Department of Agriculture (USDA) was called the Food Guide Pyramid or Eating Right Pyramid. It was updated in 2005 to My Pyramid, and then it was replaced by My Plate in 2011.

The World Health Organization, in conjunction with the Food and Agriculture Organization, published guidelines that can be effectively represented in a food pyramid relating to objectives to prevent obesity, improper nutrition, chronic diseases and dental caries based on meta-analysis though they represent it as a table rather than as a pyramid.

The structure is similar in some respects to the USDA food pyramid, but there are clear distinctions between them.

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In the u.s. surgeons earn a median salary of $365,885, which puts them at the ________ of all income.
a. middle 20 percent
b. bottom 20 percent
c. top 20 percent
d. top 40 percent

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This answer should be "c" the top 20%. The income is clearly not middle income level, which would be d or a. It is definitely not b- bottom 20%. Therefore we are left with c- top 20% and this jives with my own experience. 1% would include millionaires and above, therefore we are left with a relatively small group of high income earners who aren't necessarily millionaires- in the sense that they earn a million or more per year.

When constructing a responsibility matrix or "raci" chart, it is important to ensure that only one person has primary accountability for any activity?

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It is very important that when constructing a responsibilities matrix that only one person has primary accountability for each activity. This ensures that not only division of labor is properly used, but it also decreases conflict between two person regarding methods or mentality regarding how the activity should be completed or managed.

Given that approximately 85 million americans have a lawn, and that the average lawn size is 0.08 ha how much total land area is composed of lawns in the united states?

Answers

Given:

A - The number of Americans who have lawns = 85 million

B - The average lawn area of each American with lawn (in ha) = .08

X -  The total land area in the United States composed of lawn (in  ha)

Solution:

 X= A*B

X=85,000,000*.08

X=6, 800,000 or 6.8 million

The information that is gathered by a firm to learn about its competitors is referred to as ________.

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Answer:  "competitor analysis" .
______________________________________________

The belief that successful performance will result in some outcome(s) is known as:

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The answer is instrumentality, it is because instrumentality is a way of showing ends with the use of instances or fact that had happen in the individual in which it shows the connection to the statement above of every performance results to an outcome.

They say the health care is excellent in canada? well, it isn't. my new neighbor moved here from toronto, and she says the health care up there is terrible. she says everyone in canada comes to the united states for any serious medical condition." the speaker commits which of these fallacies

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The speaker commits an anecdotal fallacy. This centers on the human tendency to assume that if one event happens after another, then the first must be the cause of the second.

When the first-grade boys wrestle and hit each other in the lunch line, they are engaging in:?

Answers

In the given scenario, the boys are engaging in a rough and tumble play. A rough and tumble play is most likely engaged by boys in which they tend to display behaviors that involves more physical such as having to play wrestle or to play tag.

The inspection of meat delivered from chicago to new york is the responsibility of

Answers

The United States president Donald trump

Final answer:

The USDA is responsible for the inspection of meat from Chicago to New York, due to regulations established by the Meat Inspection Act of 1906, which required sanitary conditions and federal oversight to protect consumer health.

Explanation:

The inspection of meat delivered from Chicago to New York is primarily the responsibility of the United States Department of Agriculture (USDA). The USDA's mission includes ensuring the safety and quality of meat, poultry, and egg products. After the publication of Upton Sinclair's 'The Jungle', which revealed unsanitary conditions in the meatpacking industry, the federal government passed the Meat Inspection Act in 1906. This act mandated sanitary regulations and federal inspections of meat products to protect consumers from contaminated meat. The oversight by the USDA also helps prevent the spread of foodborne illnesses as outlined by the Centers for Disease Control and Prevention (CDC) and supports consumer education about the safe handling and preparation of food.

The first step in developing the promotion program is to __________.

Answers

Identifying the target audience.
Final answer:

The first step in developing a promotion program is identifying the target audience, which are the people your program is designed to reach. Following this, objectives would be defined, strategies would be chosen, budgeting would be established, and efficacy would be evaluated.

Explanation:

The first step in developing a promotion program in business is to identify the target audience. The target audience is the individuals or groups for whom the promotion program needs to be designed. It can be existing customers or potential new customers or both. Knowing your target audience is important because it helps to understand their needs, preferences, and buying behaviours, which in turn help in designing a promotion program that can effectively attract and engage them.

The next steps would include defining the promotion objectives, choosing the promotion strategies that would be effective in reaching the target audience, setting up the promotion budget, and finally, evaluating the effectiveness of the promotion program.

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What term is used to describe all the relevant forces outside an organization's boundaries?

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The term to  describe all the relevant forces outside an organization's boundaries is "External Environment".
This indicates all those factors which can influence the functions of an organization for example, competitors, government etc. At times some of these factors are controlled and manipulated by the organizations and some make the organization to make provisions for external environment.

​___________ commerce is a way for individuals to provide feedback and reviews about products and services.

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This is an example of social commerce. This facet allows users of products a way to give feed back to large groups of people at one time and also allows businesses to see trends, good or bad, that might be taking place for or against a product or service line.

Jody would like to find a solution that allows real-time document sharing and editing between teams. which technology would best suit her needs?

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Document collaborative applications are helpful in allowing real time document sharing and editing between teams. This applications will be helpful for Jody's problem. One example of these document collaborative applications are the google documents or even office web apps.
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