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Author Question: If average cost is decreasing A) marginal cost equals average cost. B) marginal cost exceeds ... (Read 489 times)

tnt_battle

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on: Jul 1, 2018
If average cost is decreasing
 
  A) marginal cost equals average cost.
  B) marginal cost exceeds average cost.
  C) marginal cost is less than average cost.
  D) Not enough information is given.

Question 2

If you place 100 in a bank account that pays 6 at the end of each year, and you leave your 100 and all your interest in the bank, how much will you have in the bank at the end of seven years with annual compounding?
 
  A) (106)7.
  B) 7  (106).
  C) 100  (1.60)7.
  D) 100  (1.06)7.


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mk6555

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

C

Answer to Question 2

D


tnt_battle

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

Animal_Goddess

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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