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Author Question: The sum of AVC and AFC equals: a. total variable cost. b. economic profit. c. accounting profit. ... (Read 162 times)

washai

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The sum of AVC and AFC equals:
 a. total variable cost.
  b. economic profit.
 c. accounting profit.
  d. average total cost.

Question 2

All of the following will shift the demand curve for capital, except:
 a. future expectations about the demand for the good produced by a firm.
  b. technological changes.
  c. the price of capital.
  d. the entry of new firms into the market.
  e. the change in the interest rate.



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gstein359

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Answer to Question 1

d

Answer to Question 2

c




washai

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  • Posts: 523
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


kishoreddi

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  • Posts: 329
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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