If both the marginal cost and the average variable cost curves ...

[Starlight]

If both the marginal cost and the average variable cost curves are U-shaped, which of the following is true over the range of output for which the average variable cost curve has a negative slope?
 a. The marginal cost curve must have a negative slope.
 b. The average total cost curve must have a negative slope.
 c. The marginal cost curve is below the average variable cost curve.
  d. both (b) and (c) are correct.

Question 2

In order to induce risk-averse people to invest in risky ventures, an additional sum of money is often paid to them along with the return.
 a. True
  b. False
  Indicate whether the statement is true or false

[milbourne11]

Answer to Question 1

d

Answer to Question 2

True

[Starlight]

TYSM

[flexer1n1]

Thanks for the timely response, appreciate it