contestada

a firm finds that as it adds workers, each worker is adding less and less output to the production process. what must be true about average cost?

Respuesta :

Average cost is increasing must be true about average cost .

What does "average cost" mean?

  • In economics, average cost or unit cost is determined by dividing the total cost (TC) by the quantity of a good produced (the output Q).
  • The choice of how much to charge for commodities by businesses is strongly influenced by average cost.

What is an example of typical cost?

The weighted-average cost is calculated by dividing the total inventory purchased during the quarter ($113,300) by the total inventory count from that quarter (100), yielding an average cost per unit of $1,133.

Learn more about Average cost

brainly.com/question/15071280

#SPJ4

Otras preguntas