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Author Question: Suppose a firm has an output of 10,000 cans and a total fixed cost of 2,000 . At an output of 5,000 ... (Read 118 times)

waynest

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on: Jun 30, 2018
Suppose a firm has an output of 10,000 cans and a total fixed cost of 2,000 . At an output of 5,000 the difference between the total cost and the total variable cost is:
 a. b and c.
  b. 0.40.
  c. the average fixed cost.
  d. 2,000.
  e. 0.20.

Question 2

According to John Maynard Keynes' General Theory of Employment, Interest and Money, the government should _____ in order to get an economy out of a depression.
 a. increase spending
 b. decrease spending
 c. reduce subsidies
 d. increase taxes
 e. allow the economy to correct itself


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mathjasmine

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

a


waynest

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

mjenn52

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Reply 3 on: Yesterday
Wow, this really help

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