Author Question: Average fixed cost: a. can be calculated by dividing total fixed cost by the level of output ... (Read 162 times)

chads108

  • Hero Member
  • *****
  • Posts: 507
Average fixed cost:
 a. can be calculated by dividing total fixed cost by the level of output produced.
 b. can be graphed as a horizontal line, with dollars on the vertical axis and quantity on the horizontal axis.
  c. decreases as output increases.
 d. is characterized by both a. and c.

Question 2

The fees paid to a mutual fund manager is called:
 a. fund fee.
  b. service fee.
  c. load.
  d. dividend.
  e. agency fee.



mochi09

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

d

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

For a complete list of videos, visit our video library