-
+1 - 312-224-1615
Get in touch with us
-
support@helpwithassignment.com
Send us an e-mail
Solution Library
Production Of Competitive Firm In The Long Run And Encountering Negative Returns
Question
1. Negative returns are encountered when:
A) Average product is negative.
B) Total product is negative.
C) Output falls as a firm hires more workers.
D) Marginal product is positive.
2. In the long run, the competitive firm always produces at the:
A) minimum of the long run marginal cost curve.
B) minimum of the long run average cost curve.
C) maximum of the marginal product curve.
D) minimum of the average fixed cost curve.
Summary
These multiple choice questions belong to Economics. The 1st question is about encountering negative returns, the 2nd question is about competitive firm producing in the long run.
Total Word Count NA
WHAT OUR STUDENTS SAY
After moving to Australia from the UK, I realised that the style of teaching is a bit different and so while pursuing my correspondence course in operations management I needed assistance. Luckily, I bumped into HwA online, who has an excellent pool of Australian operations management experts at their disposal. I got tremendously benefited by them.
Brain Newman Student
I was struggling with the deadlines of my assignments and increasingly felt at a loss with my undergrads law program at the Victoria Law College. 24 hours in a day were not enough to do the research and structure the assignment essay. At HelpWithAssignment the tutors understand my deadlines and I have never had them delay.
Alison Tait Student
I was clueless about my post tracheostomy and laryngectomy patient care assignment, when I came across HwA. Never really believed in the beginning that they have a separate unit for respiratory system assignment solutions and the experts here are really helpful.
Katrina Novakovic Student
I was having a lot of difficulty managing all the assignments that we needed to complete for my post graduate program in Financial Accounting. When I needed to write an accounting assignment essay on cash flow statement I really did not have the time to do all the research and then write the assignment. With the New Zealand accounting assignment expert at HwA I did not have to worry one bit for my assignment writing and scored an A in it.
Oliver Taylor Student
I was clueless about the way in which I was supposed to approach my research dissertation paper till I came across the team of HwA. I was also not sure whether they could help me or not but to my surprise they started asking the right kind of questions to me. When I clarified them with my professor, she was impressed and told me that I understood the concept of the research dissertation.
Denise Hutchins Student
Comments
this is a very good website
I have 50 questions for the same test your page is showing only 28
hi can you please help or guide me to answer my assignments. thanks
hi can anyone help or guide me to my assignments. thanks
This solution is perfect ...thanks
Hello Allison,I love the 2nd image that you did! I also, had never heard of SumoPaint, is something that I will have to exolpre a bit! I understand completely the 52 (or so) youtube videos that you probably watched. Sometimes they have what you want, sometimes they don't! However, it is always satisfying when you are able to produce something that you have taught yourself. Great job!Debra 0 likes
Perfect bank of solution.
great !
thanks for the quick response. the solution looks good. :)
thnx for the answer. it was perfect. just the way i wanted it.
works fine.