« previous next »

Author Question: Total variable costs: a. are costs associated with short-run fixed capital. b. are so named because ... (Read 38 times)

joblessjake

  • Hero Member
  • *****
  • Posts: 555
on: Jun 30, 2018
Total variable costs:
 a. are costs associated with short-run fixed capital.
 b. are so named because they vary from firm to firm within an industry.
  c. increase as production increases.
 d. decrease as production increases.

Question 2

If the price of capital falls, _____.
 a. the supply of capital increases
  b. the quantity supplied of capital decreases
  c. the quantity supplied of capital increases
  d. the quantity supplied of capital remains unchanged
  e. the supply of capital decreases


Jmfn03

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

joblessjake

  • Hero Member
  • *****
  • Posts: 555
Reply #2 on: Jun 30, 2018
Thank you


Jmfn03

  • Sr. Member
  • ****
  • Posts: 323
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Betelgeuse is a semiregular variable star Betelgeuse is a semiregular variable star
A Tibetan wolf killed in 1938. Note the proportionately short legs A Tibetan wolf killed in 1938. Note the proportionately short legs
Economic Costs of CVD Economic Costs of CVD
An overhead camshaft engine equipped with variable valve timing on both the intake and exhaust ... An overhead camshaft engine equipped with variable valve timing on both the intake and exhaust ...
Variable Gases: Carbon Dioxide Variable Gases: Carbon Dioxide
Immunofixation electrophoresis. (a) IgG kappa myeloma, (b) Controls showing total serum protein ... Immunofixation electrophoresis. (a) IgG kappa myeloma, (b) Controls showing total serum protein ...
Video: DNA fingerprinting Animation

For a complete list of videos, visit our video library