Author Question: Average fixed cost: a. can be calculated by dividing total fixed cost by the level of output ... (Read 102 times)

chads108

  • Hero Member
  • *****
  • Posts: 507
Average fixed cost:
 a. can be calculated by dividing total fixed cost by the level of output produced.
 b. can be graphed as a horizontal line, with dollars on the vertical axis and quantity on the horizontal axis.
  c. decreases as output increases.
 d. is characterized by both a. and c.

Question 2

The fees paid to a mutual fund manager is called:
 a. fund fee.
  b. service fee.
  c. load.
  d. dividend.
  e. agency fee.



mochi09

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

d

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

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?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

For a complete list of videos, visit our video library