In a perfectly competitive resource market, the labor supply curve facing the single firm is

Suppose the short-run production function is q = 10 ? L. If the wage rate is $10 per unit of labor, then AVC equals

A) q. B) q/10. C) 10/q. D) 1.

Horizontal integration allows firms to do all of the following except

a. take advantage of cost savings due to economies of scale. b. reduce administrative costs. c. create brand identity. d. fully integrate with primary care clinics and acute care nursing facilities.