What accounts for the ‘U-shaped’ of the short...
What accounts for the ‘U-shaped’ of the short run average cost (AC) curve?
The law of variable proportions
Increasing returns to scale
Decreasing use of inputs
Change output during the production period
Correct answer is A
No explanation has been provided for this answer.
In an inflationary period which of the following statements is NOT true? ...
Which of the following is not a strong basis for trade unions demand for higher wages? ...
The act of cultivating land and rearing of animal for man’s use is ...
Which of the following is not an advantage of tabular presentation of data? ...
Using the table calculate the net income ...
When population is classified according to professions, it is called ...
In its simplified form, the circular flow of income concept refers to the ...
One way of obtaining the median of a given data is to_________ ...
Of what importance is a wholesaler in the chain of distribution? ...