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

Author Question: Average fixed cost A) does not change as total output increases or decreases. B) varies directly ... (Read 92 times)

anjilletteb

  • Hero Member
  • *****
  • Posts: 569
on: Jul 1, 2018
Average fixed cost
 
  A) does not change as total output increases or decreases.
  B) varies directly with total output.
  C) falls continuously as total output expands.
  D) rises as the output is expanded.

Question 2

If a firm faces a flat demand curve
 
  A) it cannot engage in price discrimination.
  B) it can only engage in two-part tariffs.
  C) it can only engage in perfect price discrimination.
  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

xiaomengxian

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

A


anjilletteb

  • Member
  • Posts: 569
Reply 2 on: Jul 1, 2018
Wow, this really help

hramirez205

  • Member
  • Posts: 345
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Although average brain size increases gradually though time in H. erectus, individuals with small br Although average brain size increases gradually though time in H. erectus, individuals with small br
Bones change radically in size and shape from newborn to adult, as these cervical vertebrae demonstr Bones change radically in size and shape from newborn to adult, as these cervical vertebrae demonstr
Nap master (fixed) Nap master (fixed)
A Scatterplot of the Test Scores and Average Grades of 10 Students A Scatterplot of the Test Scores and Average Grades of 10 Students
Canada Total Energy Consumption by Fuel Type Canada Total Energy Consumption by Fuel Type
Capital-Biased Technological Change Capital-Biased Technological Change
Video: Haustral churning, Gastrocolic reflex and mass peristalsis & Defecation

For a complete list of videos, visit our video library