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

Author Question: When the marginal cost curve lies above the average cost curve, ________. A) the marginal cost ... (Read 107 times)

tnt_battle

  • Hero Member
  • *****
  • Posts: 556
on: Jun 29, 2018
When the marginal cost curve lies above the average cost curve, ________.
 
  A) the marginal cost curve slopes upward, while the average cost curve slopes downward
  B) the marginal cost curve slopes downward, while the average cost curve slopes upward
  C) both the marginal cost curve and the average cost curve slope upward
  D) both the marginal cost curve and the average cost curve slope downward

Question 2

Today's Federal Reserve bank notes promise to pay the bearer
 
  A) nothing.
  B) a fixed quantity of gold.
  C) a variable quantity of gold.
  D) a specific interest rate.
  E) a variable interest rate.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

epscape

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


tnt_battle

  • Member
  • Posts: 556
Reply 2 on: Jun 29, 2018
:D TYSM

  • Member
  • Posts:
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Although average brain size increases gradually though time in H. erectus, individuals with small br Although average brain size increases gradually though time in H. erectus, individuals with small br
The adsorption spectrum of rhodopsin compared with the human scotopic spectral sensitivity curve. The adsorption spectrum of rhodopsin compared with the human scotopic spectral sensitivity curve.
How to find the equation of a cosine curve How to find the equation of a cosine curve
How to find the average value of a function (Part 2) How to find the average value of a function (Part 2)
IQ scores form what mathematicians call a normal distribution "bell curve" IQ scores form what mathematicians call a normal distribution "bell curve"
The temperature of an average lightning bolt is 3.0 x 104 °C. What is the equiva The temperature of an average lightning bolt is 3.0 x 104 °C. What is the equiva
Video: Deglutition

For a complete list of videos, visit our video library