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Author Question: A firm's average fixed cost curve is: a. U-shaped. b. a curve that increases as output expands. c. ... (Read 98 times)

Themember4

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on: Jun 30, 2018
A firm's average fixed cost curve is:
 a. U-shaped.
 b. a curve that increases as output expands.
 c. a vertical line.
 d. a curve that declines as output expands and approaches the X-axis when output is very large.

Question 2

The product of the stock price and the total outstanding shares of that stock is referred to as:
 a. market capitalization.
  b. floating capital.
  c. book value.
  d. financial value.
  e. face value.


emily12345

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

a


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