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

Author Question: Average fixed cost can be calculated using any of the formulas below except A) TFC/Q. B) (TC/Q) - ... (Read 152 times)

mrsjacobs44

  • Hero Member
  • *****
  • Posts: 500
on: Jun 29, 2018
Average fixed cost can be calculated using any of the formulas below except
 
  A) TFC/Q. B) (TC/Q) - AVC. C) (TC - VC)/Q. D) (TC - VC)/Q.

Question 2

Which of the following statements is false?
 
  A) The difference between average total cost and average fixed cost is average variable cost.
  B) The marginal cost curve intersects the average variable cost curve and the average total cost curve at their minimum points.
  C) Firms often refer to the process of lowering average fixed cost as spreading the overhead.
  D) When marginal cost equals average total cost, average total cost is at its highest value.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

diana chang

  • Sr. Member
  • ****
  • Posts: 288
Reply #1 on: Jun 29, 2018
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 25% of students answer this correctly


mrsjacobs44

  • Member
  • Posts: 500
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

alvinum

  • Member
  • Posts: 317
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Cyanide works by making the human body unable to use oxygen.

A fixed action pattern as an example of innate behaviour. A fixed action pattern as an example of innate behaviour.
On average, students in Roman Catholic schools score higher on national tests than students in ... On average, students in Roman Catholic schools score higher on national tests than students in ...
Fixed bed state (i) and complete fluidization (ii) Fixed bed state (i) and complete fluidization (ii)
The level of emissions from transport in the United States is twice as high as the global average The level of emissions from transport in the United States is twice as high as the global average
Compound Angle Formulas Compound Angle Formulas
Average Precipitation Acidities and the Effects of Acid Rain Average Precipitation Acidities and the Effects of Acid Rain
Video: Gastrulation: cross section of the frog

For a complete list of videos, visit our video library