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

Author Question: Average fixed cost can be calculated using any of the formulas below except A) TFC/Q. B) (TC/Q) - ... (Read 117 times)

mrsjacobs44

  • Hero Member
  • *****
  • Posts: 500
Average fixed cost can be calculated using any of the formulas below except
 
  A) TFC/Q. B) (TC/Q) - AVC. C) (TC - VC)/Q. D) (TC - VC)/Q.

Question 2

Which of the following statements is false?
 
  A) The difference between average total cost and average fixed cost is average variable cost.
  B) The marginal cost curve intersects the average variable cost curve and the average total cost curve at their minimum points.
  C) Firms often refer to the process of lowering average fixed cost as spreading the overhead.
  D) When marginal cost equals average total cost, average total cost is at its highest value.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

diana chang

  • Sr. Member
  • ****
  • Posts: 288
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly




mrsjacobs44

  • Member
  • Posts: 500
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


mammy1697

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

For a complete list of videos, visit our video library