Author Question: The equilibrium price in a market occurs where the: A) market demand and the firms' average cost ... (Read 53 times)

Yolanda

  • Hero Member
  • *****
  • Posts: 757
The equilibrium price in a market occurs where the:
 
  A) market demand and the firms' average cost curves intersect.
  B) market supply and the firms' average cost curves intersect.
  C) market demand and the market supply curves intersect.
  D) market supply and the firms' revenue curves intersect.

Question 2

Refer to the scenario above. If you lend 30,000 to your friend for 30 years, you will receive ________ when he repays the amount after 30 years.
 
  A) 552,604.62
  B) 523,482.07
  C) 1,521,725.58
  D) 3,620,025.01



xiaomengxian

  • Sr. Member
  • ****
  • Posts: 311
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

For a complete list of videos, visit our video library