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

Author Question: If marginal cost is above average cost, then (Read 23 times)

lb_gilbert

  • Hero Member
  • *****
  • Posts: 588
on: May 25, 2020

Question 1

Which one of the following is most likely to be a variable cost for a firm?
◦ Rent on office space
◦ Interest payments on company loans
◦ Employers' national insurance contributions
◦ Business rates on the premises
◦ The annual licence fee for using a patented process

Question 2

If marginal cost is above average cost, then
◦ AC is increasing.
◦ AC is decreasing.
◦ AVC is constant.
◦ AVC is decreasing.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by lb_gilbert on May 25, 2020

Melissahxx

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: May 25, 2020
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


lb_gilbert

  • Member
  • Posts: 588
Reply 2 on: May 25, 2020
Great answer, keep it coming :)

nothere

  • Member
  • Posts: 324
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

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.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

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?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

A graphical representation of the marginal value theorem. A graphical representation of the marginal value theorem.
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
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
How to find the average atomic mass of an element How to find the average atomic mass of an element
Marginal Supply - Demand Curve Marginal Supply - Demand Curve
A cowbird with its foster parent. A female cowbird minimizes her cost of parental care by laying her A cowbird with its foster parent. A female cowbird minimizes her cost of parental care by laying her
Video: How do the different types of chromatography work? (No Audio)

For a complete list of videos, visit our video library