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Author Question: If Marginal cost is lower than Average Cost (AC), average cost is a. falling b. rising c. constant ... (Read 112 times)

jho37

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  • Posts: 531
on: Jul 1, 2018
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

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  • Posts: 328
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

a


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