Author Question: What is a factor market? A) It is a market where financial instruments are traded. B) It is a ... (Read 127 times)

tsand2

  • Hero Member
  • *****
  • Posts: 520
What is a factor market?
 
  A) It is a market where financial instruments are traded.
  B) It is a market where resources used to produce final goods are traded.
  C) It is a market where stocks and bonds are traded.
  D) It is a market where producers buy consumption and capital goods.

Question 2

Refer to Figure 11-7. When the output level is 100 units average fixed cost is
 
  A) 10. B) 8.
  C) 5. D) This cannot be determined from the diagram.


jlaineee

  • Sr. Member
  • ****
  • Posts: 380
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

For a complete list of videos, visit our video library