This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A firm enters into a consent decree to avoid an even greater legal setback. If the terms of the ... (Read 191 times)

WhattoUnderstand

  • Hero Member
  • *****
  • Posts: 517
on: Jun 30, 2018
A firm enters into a consent decree to avoid an even greater legal setback. If the terms of the consent decree effectively double the firm's fixed costs, then
 a. marginal cost more than doubles
  b. marginal cost doubles
  c. marginal cost remains unchanged
  d. average total cost remains unchanged
  e. average variable cost doubles

Question 2

Total cost is calculated as
 a. FC + MC
  b. FC / MC
  c. (VC + FC) / MC
  d. VC + FC
  e. VC  output


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mk6555

  • Sr. Member
  • ****
  • Posts: 310
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

D


WhattoUnderstand

  • Hero Member
  • *****
  • Posts: 517
Reply #2 on: Jun 30, 2018
Thank you


mk6555

  • Sr. Member
  • ****
  • Posts: 310
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Greater Flamingo Greater Flamingo
Anterior and lateral views of the body illustrating directional terms. Anterior and lateral views of the body illustrating directional terms.
The following terms describe types of body movement that occur at the diarthrotic joints The following terms describe types of body movement that occur at the diarthrotic joints
Terms Used for Trunk and Limbs Terms Used for Trunk and Limbs
Sibling relationships can be intense, in terms of both having fun together and engaging in conflict. Sibling relationships can be intense, in terms of both having fun together and engaging in conflict.
Video: Import of Dietary Glucose from Intestines to Bloodstream

For a complete list of videos, visit our video library