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Author Question: Regulation that intends to improve the quality of service provided by carpenters will tend to ... (Read 44 times)

craiczarry

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on: Jun 30, 2018
Regulation that intends to improve the quality of service provided by carpenters will tend to increase the price of their services.
 a. True
  b. False

Question 2

If price is less than its minimum average variable cost, a perfectly competitive firm that continues to produce in the short run
 a. cannot cover any of its variable cost
  b. incurs a loss greater than its fixed cost
  c. can cover all of its fixed cost and some of its variable cost
  d. can cover all of its variable cost and some of its fixed cost
  e. can cover both its fixed costs and its variable cost


chereeb

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

A

Answer to Question 2

B


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craiczarry

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Reply #2 on: Jun 30, 2018
Correct answers!


chereeb

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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