Reproduction in the average total cost of producing a products as the firm expands the size of plants (its output) in the long run________________?

Related Mcqs:

The total revenue of a film less all its economic costs is called_____________________?

A. Economy Profit B. Pure Profit C. Above normal Profit D. All these...

An institution or mechanism which brings together buyers and sellers is called____________________?

A. Market B. Resource Market C. Product Market D. None...

The sacrifice of some or all one economic goal, good, or services to achieve some other goal, good or service is called__________________?

A. Trade block B. Trade union C. Trade offs D. All...

The extreme case of physical resource endowment is ________________?

A. Gulf oil states B. United states America C. USSR D. South Africa...

A payment of funds by a govt. firm or house hold for which it receives no goods or services in return?

A. Subsidy B. Tax C. lump-sum-tax D. None...