Author Question: A college education can be a signal because A) a college education is expensive. B) those who ... (Read 84 times)

Ebrown

  • Hero Member
  • *****
  • Posts: 567
A college education can be a signal because
 
  A) a college education is expensive.
  B) those who graduate college have successful parents, and are therefore also likely to be successful.
  C) highly capable people are more likely to finish college than those with low capabilities.
  D) college teaches useful skills and gives valuable training.

Question 2

Which of the following relationships implies that a firm's short-run cost function is linear?
 
  A) MC = AC
  B) MC = AVC
  C) AC = AFC + AVC
  D) MC > AC



briseldagonzales

  • Sr. Member
  • ****
  • Posts: 303
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

For a complete list of videos, visit our video library