Author Question: If Marginal cost is lower than Average Cost (AC), average cost is a. falling b. rising c. constant ... (Read 55 times)

jho37

  • Hero Member
  • *****
  • Posts: 531
If Marginal cost is lower than Average Cost (AC), average cost is
 a. falling
 b. rising
 c. constant
  d. none of the above

Question 2

Public transit offers discounted monthly passes to students, which can only be bought and used with valid student IDs. The transit system is using
 a. A direct discrimination scheme
 b. An indirect discrimination scheme
  c. The Robinson-Patman act
 d. None of the above



tanna.moeller

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

a

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

For a complete list of videos, visit our video library