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

Author Question: If Marginal Cost (MC) is higher than Average Cost (AC), average cost is a. falling b. rising c. ... (Read 140 times)

olgavictoria

  • Hero Member
  • *****
  • Posts: 528
on: Jul 1, 2018
If Marginal Cost (MC) is higher than Average Cost (AC), average cost is
 a. falling
 b. rising
 c. constant
 d. none of the above

Question 2

Amusement parks often offer discounts to locals with IDs. This is an example of
 a. A direct discrimination scheme
 b. An indirect discrimination scheme
  c. Diminishing marginal returns
 d. Vertical integration


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

moormoney

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

a


olgavictoria

  • Hero Member
  • *****
  • Posts: 528
Reply #2 on: Jul 1, 2018
Thank you


moormoney

  • Sr. Member
  • ****
  • Posts: 326
Reply #3 on: Jul 1, 2018
No problemo


« previous next »
 

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Menstrual cycle summary based on a 28-day (average) menstrual cycle. Menstrual cycle summary based on a 28-day (average) menstrual cycle.
Potency and efficacy: (a) Drug A has a higher potency than drug B. (b) Drug A has a higher efficacy ... Potency and efficacy: (a) Drug A has a higher potency than drug B. (b) Drug A has a higher efficacy ...
If the gauge reading is now much higher than the first test results, then the cause of the low ... If the gauge reading is now much higher than the first test results, then the cause of the low ...
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
How to find the average value of a function How to find the average value of a function
Average Precipitation Acidities and the Effects of Acid Rain Average Precipitation Acidities and the Effects of Acid Rain
Video: Dietary Cholesterol & LDL

For a complete list of videos, visit our video library