Which of the following affects the ATC curve for a firm but not the MC curve?
A. A change in payroll taxes.
B. A change in the price of the good.
C. A change in profit taxes.
D. A change in property taxes.
Answer: D
You might also like to view...
An inside lag is the time period it takes for the stabilization policies to take effect after they have been implemented
Indicate whether the statement is true or false
As Product Co adds the first four workers to its production process in the short run, its output rises from 0 to 12 to 25 to 35 to 43 . Addition of the fifth worker will most likely lead to an output rate
a. greater than 51 b. equal to 51 c. less than 51 d. greater than 51 if the firm experiences diseconomies of scale e. none of the above
Command-and-control regulation, as compared to incentive-based regulation, is:
a. efficient in the short run and in the long run. b. efficient in the short run, but not in the long run. c. inefficient in the short run, but efficient in the long run. d. inefficient in the short run and long run.
All individuals on the same line in an organization chart have similar levels of responsibility and authority in the organization
Indicate whether the statement is true or false