Ask Question
BusinessBusiness
15 February, 15:05

If a more efficient technology was discovered by a firm, there would be 9) A) a downward shift in the AFC curve curve C) a downward shift in the MC curve curve B) an upward shift in the AVC D) an upward shift in the AFC

+2
Answers (1)
  1. 15 February, 18:53
    0
    The correct answer is C

    Explanation:

    MC curve stands for Marginal Cost Curve which states the relationship among the marginal or additional cost incurred by the company or firm in the short run product of service or good and the quantity of the product is produced.

    And when the curve is downward shift, it means that there is technological change which lead to increase in the productivity and the cost curve downward.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “If a more efficient technology was discovered by a firm, there would be 9) A) a downward shift in the AFC curve curve C) a downward shift ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
What is the role of a project-steering committee in an it project?
Answers (1)
Carlos's credit card has an APR of 14.78% and a grace period of 18 days, and Carlos pays his balance in full every month.
Answers (2)
Should officers be shielded from civil liability?
Answers (1)
A U. S. trade policy that restricts the sale of foreign goods in the U. S. market will a. reduce the demand for U. S. export goods since foreigners will be less able to buy our goods if they cannot sell to us. b.
Answers (1)
A ppf is more likely to be a downward-sloping curve that is bowed outward than a downward-sloping straight line because most resources are
Answers (1)
New Questions in Business
Is it legal for south African firms to collude with one another to set prices, provide some evidence in support of your answer
Answers (1)
If berkeley shirtmakers ties compensation directly to output by paying an employee a certain amount for each unit of output produced, it is using
Answers (1)
The dramatic growth in american exports in the last years of the twentieth century was mainly indicative of
Answers (1)
An agreement to settle a debt for less than the sum claimed is referred to as? a.? rescission. b. a satisfaction. c.? an accord. d.? a promisory estoppel.
Answers (1)
In economics, what is logrolling?
Answers (1)
Home » Business » If a more efficient technology was discovered by a firm, there would be 9) A) a downward shift in the AFC curve curve C) a downward shift in the MC curve curve B) an upward shift in the AVC D) an upward shift in the AFC
Sign Up Forgot Password?