This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A firm enters into a consent decree to avoid an even greater legal setback. If the terms of the ... (Read 122 times)

WhattoUnderstand

  • Hero Member
  • *****
  • Posts: 517
on: Jun 30, 2018
A firm enters into a consent decree to avoid an even greater legal setback. If the terms of the consent decree effectively double the firm's fixed costs, then
 a. marginal cost more than doubles
  b. marginal cost doubles
  c. marginal cost remains unchanged
  d. average total cost remains unchanged
  e. average variable cost doubles

Question 2

Total cost is calculated as
 a. FC + MC
  b. FC / MC
  c. (VC + FC) / MC
  d. VC + FC
  e. VC  output


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mk6555

  • Sr. Member
  • ****
  • Posts: 310
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

D


WhattoUnderstand

  • Hero Member
  • *****
  • Posts: 517
Reply #2 on: Jun 30, 2018
Thank you


mk6555

  • Sr. Member
  • ****
  • Posts: 310
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

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

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

The greater honeyguide, Indicator indicator. The greater honeyguide, Indicator indicator.
A black impact socket. Always use an impact-type socket whenever using an impact wrench to avoid ... A black impact socket. Always use an impact-type socket whenever using an impact wrench to avoid ...
Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ... Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ...
Glossary of Basic Ayurvedic Terms Glossary of Basic Ayurvedic Terms
Management Information Systems: Managing the Digital Firm, 15th Edition Management Information Systems: Managing the Digital Firm, 15th Edition
Write equilibrium constant expressions for the following reactions in terms of concentration: Write equilibrium constant expressions for the following reactions in terms of concentration:
Video: Stages of Mitosis - Prophase, Prometaphase, Metaphase, Anaphase & Telophase

For a complete list of videos, visit our video library