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

Author Question: When the marginal cost curve lies above the average cost curve, ________. A) the marginal cost ... (Read 108 times)

tnt_battle

  • Hero Member
  • *****
  • Posts: 556
on: Jun 29, 2018
When the marginal cost curve lies above the average cost curve, ________.
 
  A) the marginal cost curve slopes upward, while the average cost curve slopes downward
  B) the marginal cost curve slopes downward, while the average cost curve slopes upward
  C) both the marginal cost curve and the average cost curve slope upward
  D) both the marginal cost curve and the average cost curve slope downward

Question 2

Today's Federal Reserve bank notes promise to pay the bearer
 
  A) nothing.
  B) a fixed quantity of gold.
  C) a variable quantity of gold.
  D) a specific interest rate.
  E) a variable interest rate.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

epscape

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


tnt_battle

  • Member
  • Posts: 556
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

ghepp

  • Member
  • Posts: 361
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Richmond, Virginia, lies in ruins in April 1865 at the time of Lincoln’s visit—and a few days before Richmond, Virginia, lies in ruins in April 1865 at the time of Lincoln’s visit—and a few days before
A typical ECT sensor temperature versus voltage curve. A typical ECT sensor temperature versus voltage curve.
Drug tolerance: A shift in the dose-response curve to the right as a result of exposure to the drug. Drug tolerance: A shift in the dose-response curve to the right as a result of exposure to the drug.
J or U dose-response curve J or U dose-response curve
The average percentages by polygraph exams The average percentages by polygraph exams
What would your average (mean) number of cells per cluster be? What would your average (mean) number of cells per cluster be?
Video: EpiPen Animation (Part 2)

For a complete list of videos, visit our video library