This topic contains a solution. Click here to go to the answer

Author Question: If average total cost is rising A) marginal cost is above average total cost. B) marginal cost is ... (Read 225 times)

BrownTown3

  • Hero Member
  • *****
  • Posts: 564
If average total cost is rising
 A) marginal cost is above average total cost.
  B) marginal cost is rising.
  C) marginal product is rising.
  D) marginal cost is above average total cost and is falling.

Question 2

On the boundary of the utility possibility frontier, if the utility of one person increases, that of the other will decline.
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mcabuhat

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

A

Answer to Question 2

T




BrownTown3

  • Member
  • Posts: 564
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


duy1981999

  • Member
  • Posts: 341
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

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

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

For a complete list of videos, visit our video library