-The Figure Above Shows the Market Demand Curve and the ATC

question 39

Multiple Choice

-The figure above shows the market demand curve and the ATC curve for a firm.If all firms in the market have the same ATC curve,the efficient scale for one firm is ________ units per hour.

• A) 2,000
• B) 4,000
• C) 8,000
• D) 6,000
• E) 10,000

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Definitions:

Cash Outflow

Money going out of a business as a result of payments made to others, including expenses, investments, and loan repayments.

Cash Flows

The total amount of money being transferred into and out of a business, especially affecting liquidity.

Company Name

The official legal name under which a business operates and is registered under law.

QuickBooks

An accounting software package developed and marketed by Intuit, aimed at small and medium-sized businesses for managing payroll, inventory, sales, and other financial needs.