This topic contains a solution. Click here to go to the answer

Author Question: Total cost divided by the total number of inputs is called: a. marginal cost b. average cost c. ... (Read 201 times)

Beheh

  • Hero Member
  • *****
  • Posts: 520
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

maya.nigrin17@yahoo.com

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

b

Answer to Question 2

b




Beheh

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


flexer1n1

  • Member
  • Posts: 373
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

For a complete list of videos, visit our video library