Total variable cost A) increases as output increases. B) does ...

[fox]

Total variable cost
 
  A) increases as output increases.
  B) does not change as output changes.
  C) decreases as output increases.
  D) initially decreases and then increases as output increases.

Question 2

Roxie's Movie Theatre is the only one in town. The table above gives the demand schedule for movies.
 
  If Roxie's is a single-price monopoly and the marginal cost of a movie is 6, Roxie's will charge ________ a movie and will sell ________ movie tickets a week. A) 15; 100
  B) 12; 200
  C) 6; 400
  D) 9; 300

[mistyjohnson]

Answer to Question 1

A

Answer to Question 2

B