Author Question: The vertical distance between the average variable cost curve and the average total cost curve ... (Read 87 times)

bcretired · **on:** Jun 29, 2018

The vertical distance between the average variable cost curve and the average total cost curve equals average fixed cost.

Indicate whether the statement is true or false

Question 2

If one person has all the income and everyone else has none, the Gini ratio is 1.

Indicate whether the statement is true or false