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Author Question: If average total cost is rising A) marginal cost is above average total cost. B) marginal cost is ... (Read 454 times)

BrownTown3

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If average total cost is rising
 A) marginal cost is above average total cost.
  B) marginal cost is rising.
  C) marginal product is rising.
  D) marginal cost is above average total cost and is falling.

Question 2

On the boundary of the utility possibility frontier, if the utility of one person increases, that of the other will decline.
  Indicate whether the statement is true or false



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mcabuhat

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Answer to Question 1

A

Answer to Question 2

T




BrownTown3

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


at

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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