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Author Question: Marginal cost is ________ average variable cost when ________. (Read 36 times)

sam.t96

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on: Apr 19, 2019

Question 1

Diminishing marginal returns implies


◦ decreasing average variable costs.
◦ decreasing marginal costs.
◦ increasing marginal costs.
◦ decreasing average fixed costs.

Question 2

Marginal cost is ________ average variable cost when ________.


◦ equal to; average total cost is minimized
◦ less than; total cost is maximized
◦ greater than; average fixed cost is minimized
◦ equal to; average variable cost is minimized.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by sam.t96 on Apr 19, 2019

Kjones0604

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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.
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sam.t96

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Reply #2 on: Apr 19, 2019
Excellent


Kjones0604

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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