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Author Question: The marginal cost curve: a. Usually declines initially as output increases and then rises with ... (Read 64 times)

Chelseaamend

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on: Jul 1, 2018
The marginal cost curve:
 a. Usually declines initially as output increases and then rises with further increases in output
  b. Is equal to the average variable cost curve
 c. Usually rises initially as output increases and declines with further increases in output
  d. Is always constant

Question 2

You are a restaurant owner buying vegetables from a local farmer. You recently found out that another one of the farmer's clients, a competing restaurant has shut down, what would that do to your bargaining power?
 a. Increase your bargaining power
  b. Decrease your bargaining power
  c. Not affect your bargaining power
  d. None of the above


Missbam101

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

a

Answer to Question 2

a


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Chelseaamend

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Reply #2 on: Jul 1, 2018
Thank you :)


Missbam101

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Reply #3 on: Jul 1, 2018
Happy to help you


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