Author Question: If Marginal cost is lower than Average Cost (AC), average cost is a. falling b. rising c. constant ... (Read 33 times)

jho37

  • Hero Member
  • *****
  • Posts: 531
If Marginal cost is lower than Average Cost (AC), average cost is
 a. falling
 b. rising
 c. constant
  d. none of the above

Question 2

Public transit offers discounted monthly passes to students, which can only be bought and used with valid student IDs. The transit system is using
 a. A direct discrimination scheme
 b. An indirect discrimination scheme
  c. The Robinson-Patman act
 d. None of the above



tanna.moeller

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

a

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

For a complete list of videos, visit our video library