Business, 19.06.2020 00:57 jamesmarsdel

Indicate how each of the following would shift the (1) marginal-cost curve, (2) average-variable-cost curve, (3) average-fixed-cost curve, and (4) average-total-cost curve of a manufacturing firm. In each case specify the direction of the shift.

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Answer from: tess97

hello your question is not complete her is the complete question

Indicate how each of the following would shift the (1) marginal-cost curve, (2) average-variable-cost curve, (3) average-fixed-cost curve, and (4) average-total-cost curve of a manufacturing firm. In each case specify the direction of the shift. when there is an increase in business property taxes

1) Marginal-cost curve : No change

2) Average-variable-cost curve : No change

3) average-fixed-cost curve : Increases

4) average-total-cost curve of a manufacturing firm : Increases

Explanation:

An increase in the the business property taxes will not affect the average variable cost curve and the marginal cost curve this is because the property taxes are Fixed costs a manufacturing firm hence they are affected or does not affect the marginal or variable cost incurred by the manufacturing firm

while the average fixed cost curve and the average total cost curve will increase and move outwardly in their various curve graphs. the total cost curve is made up of both fixed and variable costs

Answer from: Quest

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Answer from: Quest

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

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Indicate how each of the following would shift the (1) marginal-cost curve, (2) average-variable-cos...