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

Author Question: Average fixed cost A) does not change as total output increases or decreases. B) varies directly ... (Read 49 times)

anjilletteb

  • Hero Member
  • *****
  • Posts: 569
on: Jul 1, 2018
Average fixed cost
 
  A) does not change as total output increases or decreases.
  B) varies directly with total output.
  C) falls continuously as total output expands.
  D) rises as the output is expanded.

Question 2

If a firm faces a flat demand curve
 
  A) it cannot engage in price discrimination.
  B) it can only engage in two-part tariffs.
  C) it can only engage in perfect price discrimination.
  D) None of the above.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

xiaomengxian

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

A


anjilletteb

  • Member
  • Posts: 569
Reply 2 on: Jul 1, 2018
Gracias!

Kedrick2014

  • Member
  • Posts: 359
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

First-pass effect: (a) drugs are absorbed; (b) drugs enter hepatic portal circulation and go directl First-pass effect: (a) drugs are absorbed; (b) drugs enter hepatic portal circulation and go directl
Vertebral column. Avoid heavy pressure directly over spinous processes. Vertebral column. Avoid heavy pressure directly over spinous processes.
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
Ancient Climate Change Ancient Climate Change
Change is hard at first messy in the middle and gorgeous at the end Change is hard at first messy in the middle and gorgeous at the end
An educational institution has total direct labor and material costs of $1964 per student. Its ... An educational institution has total direct labor and material costs of $1964 per student. Its ...
Video: Homeostasis (range of body conditions, normal limits, mild stresses & severe stresses)

For a complete list of videos, visit our video library