When a firm experiences constant returns to scale, a. long-run marginal cost is greater than long-run average total cost. b. long-run marginal cost is less than long-run average total cost. c. the firm is experiencing coordination problems. d. long-run average total cost is unchanged, even when output increases.

Jagjit company designs and builds retaining walls for individual customers. on august 1, there were two jobs in process: job 93 with a beginning balance of $8,650, and job 94 with a beginning balance of $7,270. jagjit applies overhead at the rate of $9 per direct labor hour. direct labor wages average $16 per hour. data on august costs for all jobs are as follows:

In business,what would be the input, conversion and output of operating a summer band camp

If the findings and the results are not presented properly, the research completed was a waste of time and money. true false