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Author Question: Which of the following is true in the short run? a. MC = ATC at the lowest point of ATC. b. MC = ... (Read 69 times)

Charlie

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Which of the following is true in the short run?
 a. MC = ATC at the lowest point of ATC.
 b. MC = AVC at the lowest point of AVC.
 c. When AVC is at its minimum point, ATC is falling.
  d. All of the above are true.

Question 2

Index mutual funds purchase shares of stock in those companies which are included in the market based indexes.
 a. True
  b. False
  Indicate whether the statement is true or false



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juiceman1987

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Answer to Question 1

d

Answer to Question 2

True




Charlie

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


dantucker

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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