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

Author Question: Marginal cost is ________ average variable cost when ________. (Read 17 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?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Functional MRI Scans These scans of human brains show localized average increases in neural activity Functional MRI Scans These scans of human brains show localized average increases in neural activity
Examples of Impacts Associated with Different Amounts of Global Average Temperat Examples of Impacts Associated with Different Amounts of Global Average Temperat
How to find the average value of a function (Part 2) How to find the average value of a function (Part 2)
The average weight gain between Thanksgiving and New Year's Day is about a pound The average weight gain between Thanksgiving and New Year's Day is about a pound
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
Variable expressivity of Waardenburg syndrome Variable expressivity of Waardenburg syndrome
Video: Introduction to Dysrhythmia

For a complete list of videos, visit our video library