When a Firm Has to Increase Its Output,average Total Costs

question 31

True/False

When a firm has to increase its output,average total costs will increase in the short run and then decrease in the long run,after the firm has time to add physical capital.

---

Definitions:

Assaulted

The act of attacking someone physically or verbally in a violent or aggressive manner.

Progressive

In politics, refers to ideologies or movements advocating for reforms and social improvements through government action and policies aimed at reducing inequality and promoting social justice.

Good Government

Refers to administrations or policies characterized by transparency, accountability, efficiency, and responsiveness to citizens' needs.

Progressives

Individuals or movements that advocate for reform and improvements in society, often focusing on issues of social justice, equality, and the eradication of corruption.