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

Author Question: In the figure above, when 40 units are produced the average fixed cost is A) 4. B) 8. C) 12. ... (Read 78 times)

panfilo

  • Hero Member
  • *****
  • Posts: 572
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
Answer to Question 1

A

Answer to Question 2

B




panfilo

  • Member
  • Posts: 572
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


aliotak

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

For a complete list of videos, visit our video library