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

Author Question: In a diagram with the total cost curve and the total variable cost curve, as output increases, the ... (Read 132 times)

DelorasTo

  • Hero Member
  • *****
  • Posts: 548
on: Jun 29, 2018
In a diagram with the total cost curve and the total variable cost curve, as output increases, the vertical distance between these two curves
 
  A) is constant.
  B) decreases.
  C) increases.
  D) gets smaller and then bigger again.

Question 2

Suppose that Tracy and Pat start a business. Because of a series of bad decisions by Tracy, the company goes bankrupt, owing a total of 50,000. Tracy is penniless and Pat is a millionaire.
 
  If the company were organized as a partnership, Pat would be responsible for A) over 1 million of debt.
  B) 50,000 of debt.
  C) 25,000 of debt.
  D) 0 of debt.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shailee

  • Sr. Member
  • ****
  • Posts: 392
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


DelorasTo

  • Member
  • Posts: 548
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

Mochi

  • Member
  • Posts: 300
Reply 3 on: Yesterday
Excellent

« previous next »
 

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?

Everyone has one nostril that is larger than the other.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Diagram of an endomembrane system Diagram of an endomembrane system
Schematic Diagram of Steam-to-air experiment (CHE415 Unit Operations) Schematic Diagram of Steam-to-air experiment (CHE415 Unit Operations)
The number of words correctly completed in the New York Times crossword puzzle increases with age ... The number of words correctly completed in the New York Times crossword puzzle increases with age ...
The adsorption spectrum of rhodopsin compared with the human scotopic spectral sensitivity curve. The adsorption spectrum of rhodopsin compared with the human scotopic spectral sensitivity curve.
A schematic diagram of the functional cycle of the Na+–K+ pump A schematic diagram of the functional cycle of the Na+–K+ pump
Reaction coordinate diagram for a simple enzyme catalyzed reaction Reaction coordinate diagram for a simple enzyme catalyzed reaction
Video: Calvin cycle (The light-independent reactions )

For a complete list of videos, visit our video library