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

Author Question: In the above figure, the line represented by the 1 is the A) average fixed cost. B) marginal ... (Read 95 times)

laurencescou

  • Hero Member
  • *****
  • Posts: 593
on: Jun 29, 2018
In the above figure, the line represented by the 1 is the
 
  A) average fixed cost.
  B) marginal revenue.
  C) total cost.
  D) average total cost.

Question 2

In the above figure, suppose the economy is initially on the demand for money curve MD1. What is the effect of a rise in the nominal interest rate?
 
  A) The demand for money curve would shift rightward to MD2.
  B) The demand for money curve would shift leftward to MD0.
  C) There would be a movement upward along the demand for money curve MD1.
  D) There would be a movement downward along the demand for money curve MD1.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Mholman93

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


laurencescou

  • Hero Member
  • *****
  • Posts: 593
Reply #2 on: Jun 29, 2018
Correct answers!


Mholman93

  • Sr. Member
  • ****
  • Posts: 328
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

The Scopes Trial: William Jennings Bryan (right) represented the state of Tennessee, and Clarence Da The Scopes Trial: William Jennings Bryan (right) represented the state of Tennessee, and Clarence Da
Time Line of Human History From Upper Paleolithic Period to the Present Time Line of Human History From Upper Paleolithic Period to the Present
Average national IQs according to IQ and Global Inequality Average national IQs according to IQ and Global Inequality
An upward-sloping spark line usually indicates a mechanical engine problem or a lean air–fuel ... An upward-sloping spark line usually indicates a mechanical engine problem or a lean air–fuel ...
The distribution of cones and rods over the human retina. The figure illustrates the number of cones ... The distribution of cones and rods over the human retina. The figure illustrates the number of cones ...
Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ... Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ...
Video: Causes of Acne

For a complete list of videos, visit our video library