« previous next »

Author Question: The range of output over which a firm's average variable cost is decreasing is the same as the range ... (Read 57 times)

jessicacav

  • Hero Member
  • *****
  • Posts: 558
on: Jun 29, 2018
The range of output over which a firm's average variable cost is decreasing is the same as the range over which its
 
  A) marginal cost is increasing.
  B) average fixed cost is decreasing.
  C) average product is increasing.
  D) average product is decreasing.

Question 2

The figure above shows the market for transportation services, which produces an external cost due to the air pollution that is created.
 
  If the market for transportation services is competitive and unregulated, the equilibrium quantity is ________ and the equilibrium price is ________. A) 120; 14
  B) 120; 8
  C) 80; 12
  D) 80; 6


chinwesucks

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Range of Motion of the Elbow Joint, Flexion, Extension Range of Motion of the Elbow Joint, Flexion, Extension
Range of Motion of the Hip Joint, Abduction and Adduction Range of Motion of the Hip Joint, Abduction and Adduction
Average Global Temperature Rise over the Past Century Average Global Temperature Rise over the Past Century
Goniometer measure of joint range of motion Goniometer measure of joint range of motion
When operating your own business, it is wise to know your cost of capital and that of the ... When operating your own business, it is wise to know your cost of capital and that of the ...
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Video: Regulation of GFR: autoregulation via tubuloglomerular feedback, neural & hormonal regulation

For a complete list of videos, visit our video library