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

Author Question: If marginal costs are falling and below average costs, then average costs must be falling too. ... (Read 113 times)

Redwolflake15

  • Hero Member
  • *****
  • Posts: 569
If marginal costs are falling and below average costs, then average costs must be falling too.
  Indicate whether the statement is true or false

Question 2

Marginal costs rise if there are increasing returns.
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

juicepod

  • Sr. Member
  • ****
  • Posts: 310
Answer to Question 1

True

Answer to Question 2

False




Redwolflake15

  • Member
  • Posts: 569
Reply 2 on: Jun 30, 2018
Gracias!


chjcharjto14

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

For a complete list of videos, visit our video library