« previous next »

Author Question: The range of output over which a firm's average variable cost is decreasing is the same as the range ... (Read 27 times)

jessicacav

  • Hero Member
  • *****
  • Posts: 558
on: Jun 29, 2018
The range of output over which a firm's average variable cost is decreasing is the same as the range over which its
 
  A) marginal cost is increasing.
  B) average fixed cost is decreasing.
  C) average product is increasing.
  D) average product is decreasing.

Question 2

The figure above shows the market for transportation services, which produces an external cost due to the air pollution that is created.
 
  If the market for transportation services is competitive and unregulated, the equilibrium quantity is ________ and the equilibrium price is ________. A) 120; 14
  B) 120; 8
  C) 80; 12
  D) 80; 6


chinwesucks

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

The Pantanal, Brazil, seen here in flood condition, is a critical jaguar range area. The Pantanal, Brazil, seen here in flood condition, is a critical jaguar range area.
Range of Motion of the Cervical Spine, Lateral Bending Range of Motion of the Cervical Spine, Lateral Bending
Range of Motion of the Shoulder Joint, External Rotation Range of Motion of the Shoulder Joint, External Rotation
A mini clamp-on digital multimeter can be used to measure alternator output and unwanted AC current ... A mini clamp-on digital multimeter can be used to measure alternator output and unwanted AC current ...
Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ... Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ...
If the random variable x is exponentially distributed with parameter λ = 4, then P(x ≤ ... If the random variable x is exponentially distributed with parameter λ = 4, then P(x ≤ ...
Video: Hormonal regulation of blood pressure - RAA system

For a complete list of videos, visit our video library