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

Author Question: Total cost divided by the total number of inputs is called: a. marginal cost b. average cost c. ... (Read 715 times)

Beheh

  • Hero Member
  • *****
  • Posts: 520
Total cost divided by the total number of inputs is called:
 a. marginal cost
  b. average cost
  c. total cost
  d. variable cost

Question 2

A widget costs 1000 in the US and CAD1200 in Canada. The current exchange rate is 1USD=1.09CAD. At this rate,
 a. The good costs more in the US
 b. The good costs more in Canada
 c. The good costs the same across the two countries
  d. None of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

maya.nigrin17@yahoo.com

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

b

Answer to Question 2

b




Beheh

  • Member
  • Posts: 520
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


raenoj

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

For a complete list of videos, visit our video library