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

Author Question: Total variable cost ________ as output increases, and total fixed cost ________ as output increases. (Read 175 times)

bobbysung

  • Hero Member
  • *****
  • Posts: 519
on: Apr 19, 2019

Question 1

Economists usually assume that ________ is a fixed input in the ________ run.


◦ labor; short
◦ capital; short
◦ labor; long
◦ capital; long

Question 2

Total variable cost ________ as output increases, and total fixed cost ________ as output increases.


◦ increases; increases
◦ increases; decreases
◦ increases; does not change
◦ does not change; does not change
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by bobbysung on Apr 19, 2019

cpetit11

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


bobbysung

  • Hero Member
  • *****
  • Posts: 519
Reply #2 on: Apr 19, 2019
Thank you!


cpetit11

  • Sr. Member
  • ****
  • Posts: 321
Reply #3 on: Apr 19, 2019
Always glad to help...


« previous next »
 

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Summation of Heart Sounds, Fixed Splitting of S2 Summation of Heart Sounds, Fixed Splitting of S2
Exercise increases the heart rate. Exercise increases the heart rate.
Compression ratio is the ratio of the total cylinder volume (when the piston is at the bottom of ... Compression ratio is the ratio of the total cylinder volume (when the piston is at the bottom of ...
Generation of diversity by variable V-J joining mechanisms Generation of diversity by variable V-J joining mechanisms
Total radiative forcing ~1.63 Wm-2 Total radiative forcing ~1.63 Wm-2
Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ... Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ...
Video: Summary of glucose catabolism

For a complete list of videos, visit our video library