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Author Question: A term to describe one currency in terms of another is a. Interest rates b. Market price c. ... (Read 38 times)

a0266361136

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on: Jul 1, 2018
A term to describe one currency in terms of another is
 a. Interest rates
  b. Market price
  c. Inflation rate
  d. Exchange rate

Question 2

Suppose that total cost is given by TC = 200 + 5Q  0.4Q2 + 0.001Q3
 a. Fixed cost (FC) is 200
  b. Variable cost (VC) is 5Q  0.4Q2 + 0.001Q3
  c. Average variable cost (AVC) is 5  0.4Q + 0.001Q2
  d. Marginal cost (MC) is 5  0.8Q +.003Q2
  e. All of the above are correct


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bigcheese9

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Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

e


a0266361136

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

Missbam101

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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