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

Author Question: If the marginal cost curve is above the average variable cost curve, then (Read 32 times)

natalie2426

  • Hero Member
  • *****
  • Posts: 524
on: Apr 19, 2019

Question 1

Marginal cost is equal to average variable cost when average variable cost is


◦ zero.
◦ at its minimum.
◦ at its maximum.
◦ equal to total variable cost.

Question 2

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


◦ average variable cost is increasing.
◦ average variable cost is decreasing.
◦ average variable cost is constant.
◦ marginal cost is 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 natalie2426 on Apr 19, 2019

macmac

  • Sr. Member
  • ****
  • Posts: 343
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


natalie2426

  • Hero Member
  • *****
  • Posts: 524
Reply #2 on: Apr 19, 2019
Thank you!


macmac

  • Sr. Member
  • ****
  • Posts: 343
Reply #3 on: Apr 19, 2019
Always glad to help...


« previous next »
 

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

The schematic of a variable valve timing control circuit, showing that battery power (+) is being ... The schematic of a variable valve timing control circuit, showing that battery power (+) is being ...
A variable valve timing solenoid being controlled by applying voltage from the PCM. A variable valve timing solenoid being controlled by applying voltage from the PCM.
Variable Gases of the Atmosphere Variable Gases of the Atmosphere
How to solve a linear system when the variable is in the denominator position (Question 1 of 2) How to solve a linear system when the variable is in the denominator position (Question 1 of 2)
Marginal Supply - Demand Curve Marginal Supply - Demand Curve
The Kuznets Curve The Kuznets Curve
Video: Darwin's Observation (Fossils, Galapagos Islands & Africa ) and Natural Selection (Adaptive Traits)

For a complete list of videos, visit our video library