The three concepts of optimal capacity utilization are:
a. optimal plant size for a given output rate
b. optimal cost of manufacturing
c. optimal plant size
d. optimal output for a given plant size
e. all of these except b
f. all of these except c
a
Economics
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The short-run supply curve for a perfectly competitive firm is its
A) marginal cost curve above the horizontal axis. B) marginal cost curve above its shutdown point. C) average cost curve above the horizontal axis. D) average cost curve above its shutdown point.
Economics
What is the principal-agent problem?
What will be an ideal response?
Economics