This topic contains a solution. Click here to go to the answer

Author Question: Refer to Figure 12-5. If the firm's fixed cost increases by 1,000 due to a new environmental ... (Read 99 times)

craiczarry

  • Hero Member
  • *****
  • Posts: 527
Refer to Figure 12-5. If the firm's fixed cost increases by 1,000 due to a new environmental regulation, what happens in the diagram above?
 
  A) Only the average variable cost and average total cost curves shift upward; marginal cost is not affected.
  B) All the cost curves shift upward.
  C) Only the average total cost curve shifts upward; the marginal cost and average variable cost curves are not affected.
  D) None of the curves shifts; only the fixed cost curve, which is not shown here, is affected.

Question 2

A significant downside to network externalities is that
 
  A) firms may network with unethical suppliers or distributors.
  B) there may be large switching costs to firms changing technologies.
  C) there may be large switching costs to consumers of changing products so that consumers end up using products with inferior technologies.
  D) the costs of using celebrity endorsements may be very high.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

alvinum

  • Sr. Member
  • ****
  • Posts: 317
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 49% of students answer this correctly




craiczarry

  • Member
  • Posts: 527
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


coreycathey

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

For a complete list of videos, visit our video library