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Author Question: Refer to Figure 12-5. If the firm's fixed cost increases by 1,000 due to a new environmental ... (Read 66 times)

craiczarry

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on: Jun 29, 2018
Refer to Figure 12-5. If the firm's fixed cost increases by 1,000 due to a new environmental regulation, what happens in the diagram above?
 
  A) Only the average variable cost and average total cost curves shift upward; marginal cost is not affected.
  B) All the cost curves shift upward.
  C) Only the average total cost curve shifts upward; the marginal cost and average variable cost curves are not affected.
  D) None of the curves shifts; only the fixed cost curve, which is not shown here, is affected.

Question 2

A significant downside to network externalities is that
 
  A) firms may network with unethical suppliers or distributors.
  B) there may be large switching costs to firms changing technologies.
  C) there may be large switching costs to consumers of changing products so that consumers end up using products with inferior technologies.
  D) the costs of using celebrity endorsements may be very high.
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alvinum

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Reply #1 on: Jun 29, 2018
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.
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craiczarry

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Reply 2 on: Jun 29, 2018
Wow, this really help

Joy Chen

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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