|
Author Question: If average cost is above marginal cost, average cost must be falling. (Read 69 times) |
Did you know?
There are over 65,000 known species of protozoa. About 10,000 species are parasitic.
Did you know?
Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.
Did you know?
The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.
Did you know?
Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.
Did you know?
Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.