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

Author Question: If TC = 321 + 55Q - 5Q2, then average total cost at Q = 10 is: a. 10.2 b. 102 c. 37.1 d. 371 e. ... (Read 53 times)

neverstopbelieb

  • Hero Member
  • *****
  • Posts: 534
on: Jul 1, 2018
If TC = 321 + 55Q - 5Q2, then average total cost at Q = 10 is:
 a. 10.2
  b. 102
  c. 37.1
  d. 371
  e. 321

Question 2

Double markup problems arise when
 a. upstream firms have market power
 b. downstream firms have no market power
 c. upstream and downstream products are unrelated in demand
 d. upstream and downstream firm's pricing decisions tend to increase the demand for the other product


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

meltdown117

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

a


neverstopbelieb

  • Hero Member
  • *****
  • Posts: 534
Reply #2 on: Jul 1, 2018
Correct answers!


meltdown117

  • Sr. Member
  • ****
  • Posts: 326
Reply #3 on: Jul 1, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Population predictions for 2000–2050, using three different total fertility rates ( Population predictions for 2000–2050, using three different total fertility rates (
Average Hourly Earnings of U.S. Workers in Current and Constant Dollars Average Hourly Earnings of U.S. Workers in Current and Constant Dollars
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
How to find the average value of a function How to find the average value of a function
Total Fertility Rate in the United States, 1860–2008 Total Fertility Rate in the United States, 1860–2008
Anglin's estimates of the total vocabulary of children in Grades 1, 3, and 5 Anglin's estimates of the total vocabulary of children in Grades 1, 3, and 5
Video: Chemical Buffers - protein buffer, phosphate buffer system and bicarbonate buffer system

For a complete list of videos, visit our video library