« previous next »

Author Question: Based on the production and revenue data in the above table, if the wage rate is 35 per worker, how ... (Read 73 times)

corkyiscool3328

  • Hero Member
  • *****
  • Posts: 539
on: Jun 29, 2018
Based on the production and revenue data in the above table, if the wage rate is 35 per worker, how many workers will be hired?
 
  A) 5
  B) 4
  C) 3
  D) 2

Question 2

Which of the following statements is TRUE?
 
  A) Average fixed cost equals average total cost plus average variable cost.
  B) Average variable cost is always greater than average fixed cost.
  C) Average fixed cost equals total fixed cost divided by total output.
  D) Average total cost always falls as output increases.


bhavsar

  • Sr. Member
  • ****
  • Posts: 351
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

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

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Female choice of males based on nuptial gifts. Female choice of males based on nuptial gifts.
Periodic Table Periodic Table
Blank periodic table Blank periodic table
Relative rate test, calibrating the molecular clock, and calculating divergence dates. Relative rate test, calibrating the molecular clock, and calculating divergence dates.
Influence of substrate concentration on the rate of an enzyme-catalyzed reaction. Influence of substrate concentration on the rate of an enzyme-catalyzed reaction.
Consider using a foam pad on your table. Consider using a foam pad on your table.
Video: Genetic distance between human groups

For a complete list of videos, visit our video library