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

Author Question: If marginal cost equals average variable cost, average variable cost will (Read 129 times)

123654777

  • Hero Member
  • *****
  • Posts: 585
on: Apr 19, 2019

Question 1

If marginal cost is above average total cost, average total cost will


◦ be minimized.
◦ decrease.
◦ increase.
◦ remain constant.

Question 2

If marginal cost equals average variable cost, average variable cost will


◦ be maximized.
◦ decrease.
◦ increase.
◦ be 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 123654777 on Apr 19, 2019

Carissamariew

  • Sr. Member
  • ****
  • Posts: 359
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 56% of students answer this correctly


123654777

  • Hero Member
  • *****
  • Posts: 585
Reply #2 on: Apr 19, 2019
Thanks


Carissamariew

  • Sr. Member
  • ****
  • Posts: 359
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Elle and associates investigated the cost to Datura wrightii of producing sticky leaf trichomes. Elle and associates investigated the cost to Datura wrightii of producing sticky leaf trichomes.
Negative feedback control of a regulated variable. Negative feedback control of a regulated variable.
Calcium metabolism in osteoporosis: (a) bone deposition equals bone resorption; (b) bone resorption ... Calcium metabolism in osteoporosis: (a) bone deposition equals bone resorption; (b) bone resorption ...
How to rearrange formulas to isolate for a variable How to rearrange formulas to isolate for a variable
Does It Cost More to Eat Healthy? Does It Cost More to Eat Healthy?
Variable expressivity of Waardenburg syndrome Variable expressivity of Waardenburg syndrome
Video: Transcription—A molecular view

For a complete list of videos, visit our video library