Author Question: Which of the following statements is TRUE for any marginal and average? A) When the marginal is ... (Read 84 times)

Zoey63294

  • Hero Member
  • *****
  • Posts: 539
Which of the following statements is TRUE for any marginal and average?
 
  A) When the marginal is greater than the average, the average increases.
  B) When the marginal is less than the average, the average increases.
  C) When the marginal is rising, the average is increasing.
  D) When the marginal is equal to the average, the average decreases.

Question 2

The above figure shows Katie's consumption possibilities. The relative price of a movie ticket is
 
  A) 1 restaurant meal.
  B) 0.25 restaurant meals.
  C) 4 restaurant meals.
  D) 2 restaurant meals.



Ashley I

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

For a complete list of videos, visit our video library