Assuming fixed costs are positive, over a range of output in ...

[jasdeep_brar]

Assuming fixed costs are positive, over a range of output in which average total costs were constant,
 a. average variable costs would be constant as output increases.
  b. average variable costs would be falling as output increases.
  c. average variable costs would be rising as output increases.
  d. marginal cost would be less than average variable cost.

Question 2

If the number of people who want to sell off stocks are higher than those who want to buy it, the stock prices move up.
 a. True
  b. False
  Indicate whether the statement is true or false

[Fayaz00962]

Answer to Question 1

c

Answer to Question 2

False

[jasdeep_brar]

Excellent

[EAN94]

Gracias!