This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The marginal cost is the: a. b and c. b. change in total cost as the quantity changes by one unit. ... (Read 49 times)

genevieve1028

  • Hero Member
  • *****
  • Posts: 601
on: Jun 30, 2018
The marginal cost is the:
 a. b and c.
  b. change in total cost as the quantity changes by one unit.
  c. change in total variable cost as the quantity changes by one unit.
  d. change in total fixed cost as the quantity changes by one unit.
  e. same as the fixed cost when average fixed cost is at a minimum.

Question 2

Suppose an economy is initially in equilibrium and there is a sudden increase in oil prices. Which of the following is the most likely result?
 a. Growth in real GDP
 b. Price stability
 c. Full employment output
  d. Stagflation
 e. Deflation


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

xoxo123

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


genevieve1028

  • Member
  • Posts: 601
Reply 2 on: Jun 30, 2018
Gracias!

patma1981

  • Member
  • Posts: 292
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

A typical electric motor-driven AIR pump. This unit is on a Chevrolet Corvette and only works when ... A typical electric motor-driven AIR pump. This unit is on a Chevrolet Corvette and only works when ...
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
Schematic depiction of the action of tryptophan synthase in one functional unit Schematic depiction of the action of tryptophan synthase in one functional unit
Fossil fuel emissions and climate change Fossil fuel emissions and climate change
Geoengineering is not a solution to climate change Geoengineering is not a solution to climate change
A buffer solution is prepared using 0.5 moles of a weakly basic drug and an unknown quantity of ... A buffer solution is prepared using 0.5 moles of a weakly basic drug and an unknown quantity of ...
Video: Epinephrine/NE (heart rate, altered blood flow, glycogenolysis & bronchodilation)

For a complete list of videos, visit our video library