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Author Question: An increase in advertising costs affect a firm in a monopolistic competition by increasing the ... (Read 77 times)

viki

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on: Jun 29, 2018
An increase in advertising costs affect a firm in a monopolistic competition by increasing the firm's
 
  A) total fixed cost.
  B) marginal cost.
  C) total variable cost.
  D) average variable cost.

Question 2

Which of the following shifts the AVC curve upward at Barney's Bagel Bakery?
 
  A) an increase in the hourly wage that Barney pays his workers
  B) a decrease in the hourly wage that Barney pays his workers
  C) an increase in the fixed amount of liability insurance premiums that Barney pays for his business
  D) Both answers A and C are correct.


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Ashley I

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


viki

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

isabelt_18

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Reply 3 on: Yesterday
:D TYSM

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