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The technical relationship between inputs and outputs, which is needed to understand the difference between the short run and the long run, is called
Economics is the technical relationship between inputs and outputs,which is needed to understand the difference between the short run and the long run.
Expert answered|petitemonde|Points 300|
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Asked 8/17/2013 9:15:56 PM
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A firm exists to (Points : 1)
Weegy: hello what is your question? User: A firm exists to (Points : 1) make money. organize information. make resources. transform inputs into marketable outputs. transform products into commodities. Weegy: A firm exists to transform inputs into marketable outputs. (More)
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Asked 8/17/2013 9:05:34 PM
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The change in total cost due to producing one more unit of output is called the (Points : 1) long-run average cost. short-run average cost. marginal product. average variable cost. marginal cost.
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Updated 9/15/2014 5:21:02 AM
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The change in total cost due to producing one more unit of output is called the marginal cost.
Added 9/15/2014 5:21:00 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by andrewpallarca [9/15/2014 5:25:53 AM]
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