Author Question: When average total cost is decreasing as output expands: a. average fixed cost must be increasing. ... (Read 232 times)

09madisonrousseau09 · **on:** Jun 30, 2018

When average total cost is decreasing as output expands:
a. average fixed cost must be increasing.
b. average variable cost must be falling.
c. marginal cost must be greater than average total cost.
d. marginal cost must be less than average total cost.

Question 2

Which of the following factors affects the quantity demanded of a company's stock?
a. The prices of other companies' stocks
b. The price of the company's stock
c. The returns on other possible investments
d. Expectations regarding stock price movements
e. Income of the investors