This topic contains a solution. Click here to go to the answer

Author Question: Rose, who grows geraniums to sell, is currently producing a level of output at which her marginal ... (Read 16 times)

panfilo

  • Hero Member
  • *****
  • Posts: 572
Rose, who grows geraniums to sell, is currently producing a level of output at which her marginal cost equals her average variable cost. What must be true about Rose's average total cost at this level of output?
 a. It is at a minimum.
 b. It is at a maximum.
 c. It is falling with increased output.
  d. It is equal to average variable cost.

Question 2

When women and members of other minority groups are forced into occupations where they are unable to obtain the human capital necessary to compete for high paying jobs, it is termed as statistical discrimination.
 a. True
  b. False
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sierrahalpin

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

c

Answer to Question 2

False




panfilo

  • Member
  • Posts: 572
Reply 2 on: Jun 30, 2018
Excellent


Liddy

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

For a complete list of videos, visit our video library