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Author Question: Total cost divided by the total number of inputs is called: a. marginal cost b. average cost c. ... (Read 177 times)

Beheh

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on: Jul 1, 2018
Total cost divided by the total number of inputs is called:
 a. marginal cost
  b. average cost
  c. total cost
  d. variable cost

Question 2

A widget costs 1000 in the US and CAD1200 in Canada. The current exchange rate is 1USD=1.09CAD. At this rate,
 a. The good costs more in the US
 b. The good costs more in Canada
 c. The good costs the same across the two countries
  d. None of the above


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maya.nigrin17@yahoo.com

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Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

b


Beheh

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  • Posts: 520
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

nanny

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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