Author Question: Average variable costs A) are parallel with average total costs B) rise if marginal costs rise. ... (Read 154 times)

panfilo · **on:** Jun 30, 2018

Average variable costs
A) are parallel with average total costs
B) rise if marginal costs rise.
C) are not parallel with average total costs.
D) fall with increases in production.

Question 2

The total of individual payoffs in the grand coalition must be less than the value the coalition earns.
Indicate whether the statement is true or false