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

Author Question: Marginal cost is ________ average variable cost when ________. (Read 46 times)

sam.t96

  • Hero Member
  • *****
  • Posts: 570
on: Apr 19, 2019

Question 1

Diminishing marginal returns implies


◦ decreasing average variable costs.
◦ decreasing marginal costs.
◦ increasing marginal costs.
◦ decreasing average fixed costs.

Question 2

Marginal cost is ________ average variable cost when ________.


◦ equal to; average total cost is minimized
◦ less than; total cost is maximized
◦ greater than; average fixed cost is minimized
◦ equal to; average variable cost is minimized.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by sam.t96 on Apr 19, 2019

Kjones0604

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly


sam.t96

  • Hero Member
  • *****
  • Posts: 570
Reply #2 on: Apr 19, 2019
Excellent


Kjones0604

  • Sr. Member
  • ****
  • Posts: 327
Reply #3 on: Apr 19, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

The average adult has about 21 square feet of skin.

The reflection nebula NGC 1999 is brilliantly illuminated by V380 Orionis (center), a variable star The reflection nebula NGC 1999 is brilliantly illuminated by V380 Orionis (center), a variable star
Refraction Through Uniform and Variable Thickness Glasses Refraction Through Uniform and Variable Thickness Glasses
Average national IQs according to IQ and Global Inequality Average national IQs according to IQ and Global Inequality
Variable Gases: Methane Variable Gases: Methane
A Scatterplot of the Test Scores and Average Grades of 10 Students A Scatterplot of the Test Scores and Average Grades of 10 Students
Marginal Supply - Demand Curve Marginal Supply - Demand Curve
Video: Neurotransmission at chemical synapses & Excitory and inhibitory potentials

For a complete list of videos, visit our video library