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Author Question: The vertical distance between the average variable cost curve and the average total cost curve ... (Read 109 times)

bcretired

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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


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kingdude89

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Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

TRUE


bcretired

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

gcook

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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