26. The value of "U" in the chart below is: Quantity FC VC TC MC AVC...

Question

Question

Answer 1

Answer #1

Answer-26 The correct option is C.)12.

VC = TC -FC

= 24-12

= 12

Answer-27 The correct option is C.) $90

TC = FC + VC

= 35 +55

=90

Answer-28 The correct option is B.) Economies of Scale.

Because of specialization there occur economies of scale.

Answer-29 The correct option is A.) Ability to easily replicate a business.

Answer-30 The correct option is D.) the average fixed cost curve.

Because it is rectangular hyperbola not bowl-shaped.

Answer 2

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