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

Author Question: If average total cost is rising A) marginal cost is above average total cost. B) marginal cost is ... (Read 538 times)

BrownTown3

  • Hero Member
  • *****
  • Posts: 564
on: Jun 30, 2018
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mcabuhat

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

T


BrownTown3

  • Member
  • Posts: 564
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

amit

  • Member
  • Posts: 364
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Rising sea levels will affect millions in coastal zones and on islands Rising sea levels will affect millions in coastal zones and on islands
Cost of Copying for the Follower Country Cost of Copying for the Follower Country
Average Annual Growth Rates of Population by Country Group Average Annual Growth Rates of Population by Country Group
Cost Accounting 14 Cost Accounting 14
The average percentages by polygraph exams The average percentages by polygraph exams
Calculate the weighted-average cost of the following inventory purchases:DateQuantity ... Calculate the weighted-average cost of the following inventory purchases:DateQuantity ...
Video: Automated external defibrillator (AED)

For a complete list of videos, visit our video library