A rising average cost implies that a. marginal cost is equal to ...

[chandani]

A rising average cost implies that
 a. marginal cost is equal to average cost
  b. marginal cost is above average cost
 c. marginal cost is below average cost
 d. none of the above

Question 2

Under the non-strategic view of bargaining, the terms of agreement are determined by
 a. Each parties outside options
 b. Your gain from agreement
 c. Your opponents gain from agreement
  d. All of the above

[sultansheikh]

Answer to Question 1

b

Answer to Question 2

d