This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the figure above, curve C is the ________ curve. A) average fixed cost B) average variable ... (Read 255 times)

mydiamond

  • Hero Member
  • *****
  • Posts: 804
on: Jun 29, 2018
In the figure above, curve C is the ________ curve.
 
  A) average fixed cost
  B) average variable cost
  C) average total cost
  D) marginal cost

Question 2

In the above figure, if the single-price monopolist charges a price that maximizes its profits, consumer surplus is
 
  A) area hacd.
  B) area bac.
  C) area jae.
  D) area jbce.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

janieazgirl

  • Sr. Member
  • ****
  • Posts: 300
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


mydiamond

  • Member
  • Posts: 804
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

deja

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Methods to Document Peripheral Pulses A. Stick Figure Peripheral Pulse Documentation B. Tabular Peri Methods to Document Peripheral Pulses A. Stick Figure Peripheral Pulse Documentation B. Tabular Peri
The Increasing Cost of Health Care, 1960–2010 The Increasing Cost of Health Care, 1960–2010
Frequency distribution curve: interpatient variability in drug response. Frequency distribution curve: interpatient variability in drug response.
Titration curve for aspartic acid Titration curve for aspartic acid
Titration curve for the tetrapeptide Glu-Gly-Ala-Lys Titration curve for the tetrapeptide Glu-Gly-Ala-Lys
Oxygen-binding curve for myoglobin Oxygen-binding curve for myoglobin
Video: Forming urine ( influencing factors), Forming dilute urine & Forming concentrated urine

For a complete list of videos, visit our video library