Marginal costYour Dreams Our Mission/tutorialoutletdotcom

Jun 07, 2017

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FOR MORE CLASSES VISIT www.tutorialoutlet.com In the very short run, practically all inputs and hence all costs are xed. (e.g. In a single day, can a rm change the number of workers it employs?) Does this mean that the marginal cost is zero in the very short run?

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Marginal costYour Dreams Our Mission/tutorialoutletdotcom

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Marginal costYour Dreams Our Mission/tutorialoutletdotcom FOR MORE CLASSES VISIT WWW.TUTORIALOUTLET.COM
Marginal costYour Dreams Our Mission/tutorialoutletdotcom Does this mean that the marginal cost is zero in the very short run? FOR MORE CLASSES VISIT www.tutorialoutlet.com In the very short run, practically all inputs and hence all costs are xed. (e.g. In a single day, can a rm change the number of workers it employs?) Does this mean that the marginal cost is zero in the very short run? 2. If there are economies of scale for all possible output levels, such that the rm's average total cost declines the more it produces, can a price equal to marginal cost ever result in a prot for the rm?
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