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Author Question: If a firm spends 600 more on advertising, its A) ATC and MC curves shift upward. B) MC curve ... (Read 15 times)

Jkov05

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on: Jun 29, 2018
If a firm spends 600 more on advertising, its
 
  A) ATC and MC curves shift upward.
  B) MC curve shifts upward and its ATC curve does not shift.
  C) ATC curve shifts upward and its MC curve does not shift.
  D) ATC curve shifts upward and its MC curve shifts downward.

Question 2

Your weekly budget for gasoline and movie rentals is 45.00. Referring to the figure above, what is the price per movie rental?
 
  A) 2.00
  B) 2.25
  C) 2.50
  D) 3.00


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josephsuarez

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


Jkov05

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Reply 2 on: Jun 29, 2018
Excellent

aruss1303

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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