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The long-run average cost curve is at a minimum at a level of output where :

 a. the firm is experiencing constant returns to scale. 

 b. it is equal to long-run marginal cost. 

 c. the long-run average cost curve is tangent to the lowest point on a short-run average total cost curve. 

 d. all of the above occur. 

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Question added by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company
Date Posted: 2015/06/02
Angella Kushemererwa
by Angella Kushemererwa , Regional Coordinator , ARC

c. the long-run average cost curve is tangent to the lowest point on a short-run average total cost curve.

Ismael Hamad
by Ismael Hamad , Trainer , ANTONOIL DMCC , Lukoil project, WQ2

 

I thank option  D right answer ...........

Sashikanta Mohapatra
by Sashikanta Mohapatra , Manager - Business Development/Sales Process Deployment , Vodafone Spacetel Limited

All of the above is the correct option.

Ahmed Mohamed Ayesh Sarkhi
by Ahmed Mohamed Ayesh Sarkhi , Shared Services Supervisor , Saudi Musheera Co. Ltd.

I Will Choose Option " D " ...

  1. The correct answer was: d. all of the above occur.>>>>>>>>>>>>>>>>>>>>>>

Khaled Anwar
by Khaled Anwar , Senior Sales Engineer , "Automotive company''

The answer is : Option ( D )

Salvatore Augello
by Salvatore Augello , owner , A.S. Trade & Consult

answer D : all of the above ______________________________

Nasir Hussain
by Nasir Hussain , Sales And Marketing Manager , Pakistan Pharmaceutical Products Pvt. Ltd.

 d. all of the above occur. ....................................................................

D

Thanks 

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khaled elkholy
by khaled elkholy , HR MANAGER , misk for import & export

 d. all of the above occur.lllllllllllllllllllllllllllllllllllllllllll

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