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Author Question: Rose, who grows geraniums to sell, is currently producing a level of output at which her marginal ... (Read 18 times)

panfilo

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Rose, who grows geraniums to sell, is currently producing a level of output at which her marginal cost equals her average variable cost. What must be true about Rose's average total cost at this level of output?
 a. It is at a minimum.
 b. It is at a maximum.
 c. It is falling with increased output.
  d. It is equal to average variable cost.

Question 2

When women and members of other minority groups are forced into occupations where they are unable to obtain the human capital necessary to compete for high paying jobs, it is termed as statistical discrimination.
 a. True
  b. False
  Indicate whether the statement is true or false



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sierrahalpin

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Answer to Question 1

c

Answer to Question 2

False




panfilo

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


scottmt

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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