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

Author Question: In the figure above, when 40 units are produced the average fixed cost is A) 4. B) 8. C) 12. ... (Read 25 times)

panfilo

  • Hero Member
  • *****
  • Posts: 572
on: Jun 29, 2018
In the figure above, when 40 units are produced the average fixed cost is
 
  A) 4.
  B) 8.
  C) 12.
  D) 20.

Question 2

The above table shows the marginal benefits and costs from production of fertilizer. There are no external benefits. Based on the data in the table, production of fertilizer has
 
  A) external benefits.
  B) external costs.
  C) no externalities.
  D) constant returns to scale.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ntsoane kedibone

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


panfilo

  • Member
  • Posts: 572
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

cici

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

No recombinants are produced without cell contact No recombinants are produced without cell contact
Spiral Produced by twisting stresses that are spread along the length of a bone (note the break in t Spiral Produced by twisting stresses that are spread along the length of a bone (note the break in t
A Scatterplot of the Test Scores and Average Grades of 10 Students A Scatterplot of the Test Scores and Average Grades of 10 Students
Average Distribution of Incoming Solar Radiation Average Distribution of Incoming Solar Radiation
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 ...
Laboratory-Produced Protocells Laboratory-Produced Protocells
Video: Lipid digestion - mouth, stomach and small intestine

For a complete list of videos, visit our video library