Microeconomics

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Average fixed cost is: a. total cost divided by the number of units produced over a given period. ... Started by Sufayan.ah	1 Replies 182 Views	Jun 30, 2018 by emily12345
A stock index measures the: a. change in dividend payments of a group of stocks. b. fluctuation in ... Started by lindiwe	1 Replies 94 Views	Jun 30, 2018 by cat123
Which one of the following is based on the idea that the marginal utility of income diminishes as ... Started by s.tung	1 Replies 100 Views	Jun 30, 2018 by softEldritch
A firm's average fixed cost curve is: a. U-shaped. b. a curve that increases as output expands. c. ... Started by Themember4	1 Replies 94 Views	Jun 30, 2018 by emily12345
Most stock indexes use which of the following measures to weight the companies that participate in ... Started by scienceeasy	3 Replies 115 Views	Jun 30, 2018 by izzat
If total utility increases by smaller and smaller amounts as more units of a product are consumed, ... Started by jrubin	1 Replies 94 Views	Jun 30, 2018 by mistyjohnson
Average fixed cost: a. declines continuously as output increases. b. is always greater than average ... Started by wrbasek0	1 Replies 105 Views	Jun 30, 2018 by sultana.d
Which of the following indexes includes the stocks of 500 companies that are widely owned and that ... Started by oliviahorn72	1 Replies 97 Views	Jun 30, 2018 by pratush dev
When marginal utility is positive and increasing, then a. total utility must be negative. b. total ... Started by OSWALD	1 Replies 160 Views	Jun 30, 2018 by vboyd24
If Jason's fixed cost totals 800 with variable cost per unit of 10 at a quantity of 80 units, what ... Started by bclement10	1 Replies 312 Views	Jun 30, 2018 by pallen55
Which of the following is true of the NASDAQ Composite Index? a. It includes the stocks of 500 ... Started by vHAUNG6011	1 Replies 117 Views	Jun 30, 2018 by Ashley I
According to the law of diminishing utility, _____. a. the same tax rate should be applied to every ... Started by mpobi80	1 Replies 47 Views	Jun 30, 2018 by kalskdjl1212
A firm is producing 1,000 units of output for which the average variable cost of production equals ... Started by tingc95	3 Replies 126 Views	Jun 30, 2018 by Laurenleakan
Mutual funds that are composed of corporate and government bonds are known as: a. risk-adjusted ... Started by Wadzanai	1 Replies 1,301 Views	Jun 30, 2018 by Anton
Suppose that there are five bottles of lemonade, each of which gives a consumer the same level of ... Started by haleyc112	1 Replies 161 Views	Jun 30, 2018 by fraziera112
A firm is producing 200 units of output at a total cost of 1,000 . The firm's average variable cost ... Started by nevelica	1 Replies 215 Views	Jun 30, 2018 by perkiness
Mutual funds that attempt to mimic the performance of a broad market index, such as the Dow Jones ... Started by skymedlock	1 Replies 116 Views	Jun 30, 2018 by rnehls
An all you can eat restaurant illustrates the economic principle: a. of consumers' inability to ... Started by 809779	1 Replies 63 Views	Jun 30, 2018 by micaelaswann
Average fixed cost: a. can be calculated by dividing total fixed cost by the level of output ... Started by chads108	1 Replies 238 Views	Jun 30, 2018 by mochi09
A mutual fund for which a fee is paid at the time of purchase is a: a. no-load fund. b. face-end ... Started by corkyiscool3328	1 Replies 119 Views	Jun 30, 2018 by welcom1000
In order to maximize utility, consumers _____. a. continue to make purchases until the marginal ... Started by Shelles	3 Replies 143 Views	Jun 30, 2018 by scikid
A firm's average fixed cost when producing 2,000 units of output equals 10 . When only 1,000 units ... Started by BrownTown3	1 Replies 207 Views	Jun 30, 2018 by canderson530
Because incomes are limited, purchasing one thing means not being able to purchase other things. ... Started by rachel9	1 Replies 153 Views	Jun 30, 2018 by ergserg
If average total cost equals 15 at 20 units of output and average total cost equals 15 at 21 units ... Started by maegan_martin	1 Replies 194 Views	Jun 30, 2018 by Brummell1998
Consider a mutual fund with a 6 percent back-end load that decreases to 0 percent in the seventh ... Started by Deast7027	1 Replies 69 Views	Jun 30, 2018 by ecabral0