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

Author Question: If a firm produces 10 units, TC=100 . When the firm increase its output to 15 units, TC= 150 . The ... (Read 114 times)

Shelles

  • Hero Member
  • *****
  • Posts: 582
on: Jul 1, 2018
If a firm produces 10 units, TC=100 . When the firm increase its output to 15 units, TC= 150 . The firm's AVC equal to
 a. 5
  b. 10
  c. 50
  d. 100

Question 2

European Vacation After staying around 1.35 US dollars per Euro for years, the exchange rate fell below 1.25 US dollars to a euro during the summer of 2014 . What affect does this have on tourism in Europe?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Harbringer

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

The demand for European vacations by Americans will increase because it takes fewer dollars to convert into a given number of euros. Likewise, Europeans considering coming to the US now have to convert more euros into dollars if they wish to visit the US. Some will opt to stay in Europe instead. Both effects increase the demand for hotels in Europe during holidays. Since supply of hotels is relatively fixed, this increases the hotel rates expressed in euros.


Shelles

  • Member
  • Posts: 582
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

alvinum

  • Member
  • Posts: 317
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

X chromosome inactivation in female mammals produces the Barr Body. X chromosome inactivation in female mammals produces the Barr Body.
Cellular mechanisms that increase protein diversity Cellular mechanisms that increase protein diversity
Young adults increase in self-esteem between the ages of 18 and 25, according to this longitudinal s Young adults increase in self-esteem between the ages of 18 and 25, according to this longitudinal s
Electron micrograph of pre-rRNA transcription units from the nucleolus of a frog Electron micrograph of pre-rRNA transcription units from the nucleolus of a frog
Abdominal thrusts are delivered with a firm thrust into the patient’s abdomen with an upward ... Abdominal thrusts are delivered with a firm thrust into the patient’s abdomen with an upward ...
Directions: Fill in the correct number or word(s). Order: Lantus U-100 insulin 68 units subcut ... Directions: Fill in the correct number or word(s). Order: Lantus U-100 insulin 68 units subcut ...
Video: Random alignment at Metaphase I Animation

For a complete list of videos, visit our video library