If a Firm Has to Increase Output Suddenly to Meet

question 252

True/False

If a firm has to increase output suddenly to meet an increase in demand,its average total cost will increase in the short run until it has time to add physical capital.

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Definitions:

Trainee Response

The feedback or reaction of participants to a training program, including their engagement, comprehension, and application of learned materials.

Training Design

The process of creating a training program structured to meet specific learning objectives and outcomes.

Active Practice

A learning approach where individuals engage in activities that reinforce their skills and knowledge through doing rather than just listening or observing.

Conditions Of Practice

Refers to the environment and set of circumstances under which learning or training occurs, influencing its effectiveness.