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

Author Question: If average total cost is rising A) marginal cost is above average total cost. B) marginal cost is ... (Read 135 times)

BrownTown3

  • Hero Member
  • *****
  • Posts: 564
If average total cost is rising
 A) marginal cost is above average total cost.
  B) marginal cost is rising.
  C) marginal product is rising.
  D) marginal cost is above average total cost and is falling.

Question 2

On the boundary of the utility possibility frontier, if the utility of one person increases, that of the other will decline.
  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

mcabuhat

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

A

Answer to Question 2

T




BrownTown3

  • Member
  • Posts: 564
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


xiazhe

  • Member
  • Posts: 331
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

For a complete list of videos, visit our video library