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

Author Question: If variable cost rises from 60 to 100 as output increases from 15 to 20 units, the marginal cost of ... (Read 60 times)

codyclark

  • Hero Member
  • *****
  • Posts: 538
on: Jun 30, 2018
If variable cost rises from 60 to 100 as output increases from 15 to 20 units, the marginal cost of the twentieth unit
 a. is 100
  b. is 5
  c. is 40
  d. is 8
  e. cannot be determined without total cost

Question 2

If variable cost at each output level doubles,
 a. ATC doubles
  b. AFC doubles
  c. MC remains unchanged
  d. MC doubles
  e. MC less than doubles


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

iceage

  • Guest
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


codyclark

  • Member
  • Posts: 538
Reply 2 on: Jun 30, 2018
Excellent

helenmarkerine

  • Member
  • Posts: 324
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Refraction Through Uniform and Variable Thickness Glasses Refraction Through Uniform and Variable Thickness Glasses
Generation of diversity by variable V-J joining mechanisms Generation of diversity by variable V-J joining mechanisms
Inferring Productivity from Data on Output and Factor Accumulation Inferring Productivity from Data on Output and Factor Accumulation
Find the factor demand for labour and the amount of output it will produce. Show all ... Find the factor demand for labour and the amount of output it will produce. Show all ...
If y = 0.02 sin (30x - 400t) (SI units), the velocity of the wave is If y = 0.02 sin (30x - 400t) (SI units), the velocity of the wave is
Excel hardware is introducing a new product on a new product line of capacity 800 units per ... Excel hardware is introducing a new product on a new product line of capacity 800 units per ...
Video: Virtual Enzyme Kinetics & Lineweaver Burk Plot

For a complete list of videos, visit our video library