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Author Question: If the cost of variable inputs used in a firm's production process rose, which of the following ... (Read 101 times)

LaDunn

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If the cost of variable inputs used in a firm's production process rose, which of the following would not occur?
 a. Its AVC curve would shift up.
  b. Its ATC curve would shift up.
  c. Its MC curve would shift up.
  d. Its AFC curve would shift up.

Question 2

If the earnings of Chopo Co are lower than expected, the forecasts will be revised downward and the price of the company's stock will decline.
 a. True
  b. False
  Indicate whether the statement is true or false



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Ashley I

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Answer to Question 1

d

Answer to Question 2

True




LaDunn

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


brbarasa

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Reply 3 on: Yesterday
Wow, this really help

 

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