Author Question: In the above figure, the line represented by the 2 is the A) average fixed cost. B) average ... (Read 80 times)

ishan · **on:** Jun 29, 2018

In the above figure, the line represented by the 2 is the

A) average fixed cost.
B) average variable cost.
C) total cost.
D) average total cost.

Question 2

The cross elasticity of demand for pizza with respect to the price of a soda is

A) positive because the goods are complements.
B) negative because the goods are complements.
C) positive because the goods are substitutes.
D) negative because the goods are substitutes.