In the figure above, curve C is the ________ curve. A) average ...

[mydiamond]

In the figure above, curve C is the ________ curve.
 
  A) average fixed cost
  B) average variable cost
  C) average total cost
  D) marginal cost

Question 2

In the above figure, if the single-price monopolist charges a price that maximizes its profits, consumer surplus is
 
  A) area hacd.
  B) area bac.
  C) area jae.
  D) area jbce.

[janieazgirl]

Answer to Question 1

B

Answer to Question 2

B

[mydiamond]

Thanks for the timely response, appreciate it

[xoxo123]

Gracias!