This topic contains a solution. Click here to go to the answer

Author Question: The marginal cost curve intersects: A) the total cost curve at its minimum. B) the average fixed ... (Read 96 times)

mikaylakyoung

  • Hero Member
  • *****
  • Posts: 531
The marginal cost curve intersects:
 
  A) the total cost curve at its minimum.
  B) the average fixed cost curve at its maximum.
  C) the average fixed cost curve at its minimum.
  D) both the average variable cost curve and the average total cost curve at their minimum.

Question 2

John has to choose between two jobs: one that offers him 50 per hour and one that offers him 35 per hour. The opportunity cost of choosing the job that offers him 50 per hour is:
 
  A) 1.5 per hour.
  B) 15 per hour.
  C) 35 per hour.
  D) 85 per hour.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

leannegxo

  • Sr. Member
  • ****
  • Posts: 374
Answer to Question 1

D

Answer to Question 2

C




mikaylakyoung

  • Member
  • Posts: 531
Reply 2 on: Jun 29, 2018
:D TYSM


6ana001

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

For a complete list of videos, visit our video library