« previous next »

Author Question: Average total costs are total costs divided by A) total output. B) total fixed costs. C) total ... (Read 239 times)

olgavictoria

  • Hero Member
  • *****
  • Posts: 528
on: Jun 29, 2018
Average total costs are total costs divided by
 
  A) total output.
  B) total fixed costs.
  C) total variable costs.
  D) the total number of workers employed.

Question 2

A low concentration ratio suggests
 
  A) a high degree of monopolization.
  B) a high degree of competition.
  C) that wages are a low share of costs.
  D) that wages are a high share of costs.


nhea

  • Sr. Member
  • ****
  • Posts: 305
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Large regions of the Boreal forest in Alberta have been divided into a grid due to industrial develo Large regions of the Boreal forest in Alberta have been divided into a grid due to industrial develo
Find the lateral area, total surface area, and volume of the frustum Find the lateral area, total surface area, and volume of the frustum
How to find the average value of a function How to find the average value of a function
Solar output Solar output
Possible Sources of Differences in Output per Worker Possible Sources of Differences in Output per Worker
Three mechanics worked 15 1/2, 14 3/4, 18 1/8 hours respectively. What was the total Three mechanics worked 15 1/2, 14 3/4, 18 1/8 hours respectively. What was the total
Video: Allergic Rhinitis

For a complete list of videos, visit our video library