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

Author Question: Total cost divided by the number of units produced is called: a. total cost b. average cost c. ... (Read 502 times)

danielfitts88

  • Hero Member
  • *****
  • Posts: 535
on: Jul 1, 2018
Total cost divided by the number of units produced is called:
 a. total cost
 b. average cost
 c. marginal cost
  d. variable cost

Question 2

A football stadium has a fixed number of seats. Given this, how should stadium management determine ticket prices?
 a. When MR b. When MR c. When MR>MC, price to fill capacity
 d. Both A&C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jgranad15

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

d


danielfitts88

  • Member
  • Posts: 535
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

diana chang

  • Member
  • Posts: 288
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

On average, the ratio of carbon to nitrogen is much higher in terrestrial plants than in other major On average, the ratio of carbon to nitrogen is much higher in terrestrial plants than in other major
Killer Whale - Size comparison to an average human. Killer Whale - Size comparison to an average human.
Giardiasis. Colorized electron micrograph of a Giardia protozoan adhering to the surface of an epith Giardiasis. Colorized electron micrograph of a Giardia protozoan adhering to the surface of an epith
Income per Capita versus Total Fertility Rate Income per Capita versus Total Fertility Rate
The number of phenotypic classes in the F2 generation increases as the number of genes controlling t The number of phenotypic classes in the F2 generation increases as the number of genes controlling t
Number line (real numbers) Number line (real numbers)
Video: Digestion Animation

For a complete list of videos, visit our video library