Average fixed cost: a. declines continuously as output ...

[wrbasek0]

Average fixed cost:
 a. declines continuously as output increases.
 b. is always greater than average variable cost.
 c. equals the difference between average total cost and average variable cost.
  d. is characterized by both (a) and (c).

Question 2

If a company's market cap is 5,000,000 and the value of all stocks in the index is 100,000,000 . then that company has a weight of _____ of the index.
 a. 1 percent
 b. 20 percent
  c. 5 percent
 d. 0.5 percent
  e. 2 percent

[sultana.d]

Answer to Question 1

d

Answer to Question 2

c