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Author Question: If average fixed costs equal 60 and average total costs equal 120 when output is 100, the total ... (Read 66 times)

fasfsadfdsfa

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on: Jun 30, 2018
If average fixed costs equal 60 and average total costs equal 120 when output is 100, the total variable cost must be:
 a. 40.
  b. 60.
  c. 6,000.
  d. 8,000.

Question 2

Which of the following is the significance of a country's price index?
 a. It helps in measuring changes in the nominal interest rate in a country.
 b. It helps in measuring the total disposable income of a country.
 c. It helps in determining a country's real GDP each year.
 d. It helps in measuring changes in the prices of only luxury goods.
 e. It helps in measuring the demand for goods and services exported by a country.


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nikmaaacs

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

c

Answer to Question 2

c


fasfsadfdsfa

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Reply 2 on: Jun 30, 2018
Gracias!

tuate

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Reply 3 on: Yesterday
Excellent

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