O Economic costs include implicit costs only O Economic costs include explicit c

Question

O Economic costs include implicit costs only O Economic costs include explicit costs only. O Economic costs includes neither explicit nor implicit costs. QUESTION 4 Which of the following factors is mbst likely to shift IBM's total cost and marginal cost curves downward? 0 a. higher property taxes charged by the municipal government O b. increased wages to attract additional computer operators O c a technological advance resulting in increased productivity O d, a reduction in subsidies from the state government QUESTION 5 Table argina WorkersOutputProduct

Explanation / Answer

Question 4.

C. A technological advancement will reduce total costs and marginal costs.

Related Questions

Navigate

• Browse (All)
• Browse O
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.