Author Question: Refer to Figure 7.1. At output level Q2 A) average fixed cost is increasing. B) average ... (Read 145 times)

go.lag · **on:** Jul 1, 2018

Refer to Figure 7.1. At output level Q2

A) average fixed cost is increasing.
B) average variable cost equals average fixed cost.
C) marginal cost is negative.
D) average total cost is negative.
E) none of the above

Question 2

The concept of a risk premium applies to a person that is

A) risk averse.
B) risk neutral.
C) risk loving.
D) all of the above