For most producing firms:. a. average total costs decline as output is carried to a certain level, and then begin to rise.
b. marginal cost rises as output is carried to a certain level, and then begins to decline.
c. average total costs rise as output is carried to a certain level, and then begin to decline.
d. total costs rise as output is carried to a certain level, and then begin to decline.

Carrie works at a canned food production factory. the government wanted to give a boost to the salt industry, so it lined up numerous subsidies and tax exemptions for the sector. this lead to a decrease in production costs. this also meant that consumers could access canned foods at a lower price, which lead to an increase in demand for the product. which kind of economic system is carrie’s company dealing with? carrie’s company is dealing with a/an economy.

After the price floor is instituted, the chairman of productions office buys up any barrels of gosum berries that the producers are not able to sell. with the price floor, the producers sell 300 barrels per month to consumers, but the producers, at this high price floor, produce 700 barrels per month. how much producer surplus is created with the price floor? show your calculations.

What is the purpose of the us international trade association?