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

Author Question: In the above figure, the line represented by the 1 is the A) average fixed cost. B) marginal ... (Read 82 times)

laurencescou

  • Hero Member
  • *****
  • Posts: 593
on: Jun 29, 2018
In the above figure, the line represented by the 1 is the
 
  A) average fixed cost.
  B) marginal revenue.
  C) total cost.
  D) average total cost.

Question 2

In the above figure, suppose the economy is initially on the demand for money curve MD1. What is the effect of a rise in the nominal interest rate?
 
  A) The demand for money curve would shift rightward to MD2.
  B) The demand for money curve would shift leftward to MD0.
  C) There would be a movement upward along the demand for money curve MD1.
  D) There would be a movement downward along the demand for money curve MD1.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Mholman93

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


laurencescou

  • Hero Member
  • *****
  • Posts: 593
Reply #2 on: Jun 29, 2018
Correct answers!


Mholman93

  • Sr. Member
  • ****
  • Posts: 328
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Landbridge connections between continental Asia and Indonesia during glacial periods extend as far a Landbridge connections between continental Asia and Indonesia during glacial periods extend as far a
Average Global Temperature Rise over the Past Century Average Global Temperature Rise over the Past Century
Line analysis of Titian, Assumption and Consecration of the Virgin. Line analysis of Titian, Assumption and Consecration of the Virgin.
In-line blending is the most accurate method for blending ethanol with gasoline because computers ... In-line blending is the most accurate method for blending ethanol with gasoline because computers ...
If the frequency equals 60 Hz in Figure 10-1, what is the value of capacitance? If the frequency equals 60 Hz in Figure 10-1, what is the value of capacitance?
Number line (5 - 1) Number line (5 - 1)
Video: Stress and Immune System Animation

For a complete list of videos, visit our video library