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

Author Question: If the average variable cost curve is above the marginal cost curve, then (Read 44 times)

renzo156

  • Hero Member
  • *****
  • Posts: 526
on: Apr 19, 2019

Question 1

If the marginal cost curve is below the average variable cost curve, then


◦ average variable costs are increasing.
◦ average variable costs are decreasing.
◦ marginal cost must be decreasing.
◦ average variable costs could either be increasing or decreasing.

Question 2

If the average variable cost curve is above the marginal cost curve, then


◦ marginal costs must be decreasing.
◦ average variable costs must be increasing.
◦ marginal costs must be increasing.
◦ marginal costs can be either increasing or decreasing.
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 renzo156 on Apr 19, 2019

jgranad15

  • Sr. Member
  • ****
  • Posts: 345
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 56% of students answer this correctly


renzo156

  • Hero Member
  • *****
  • Posts: 526
Reply #2 on: Apr 19, 2019
Excellent


jgranad15

  • Sr. Member
  • ****
  • Posts: 345
Reply #3 on: Apr 19, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Survivorship curve for the North American beaver. Survivorship curve for the North American beaver.
The titration curve of acetic acid The titration curve of acetic acid
A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ... A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ...
Variable Gases: Methane Variable Gases: Methane
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
The Frequency Distribution Curve of a Drug The Frequency Distribution Curve of a Drug
Video: Osmosis - water transport

For a complete list of videos, visit our video library