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

Author Question: If the average variable cost curve is above the marginal cost curve, then (Read 53 times)

renzo156

  • Hero Member
  • *****
  • Posts: 526
on: Apr 19, 2019

Question 1

If the marginal cost curve is below the average variable cost curve, then


◦ average variable costs are increasing.
◦ average variable costs are decreasing.
◦ marginal cost must be decreasing.
◦ average variable costs could either be increasing or decreasing.

Question 2

If the average variable cost curve is above the marginal cost curve, then


◦ marginal costs must be decreasing.
◦ average variable costs must be increasing.
◦ marginal costs must be increasing.
◦ marginal costs can be either increasing or decreasing.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by renzo156 on Apr 19, 2019

jgranad15

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


renzo156

  • Hero Member
  • *****
  • Posts: 526
Reply #2 on: Apr 19, 2019
Excellent


jgranad15

  • Sr. Member
  • ****
  • Posts: 345
Reply #3 on: Apr 19, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

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?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Uranus revolves around the Sun once every 84 Earth years. Its average distance from the Sun is rough Uranus revolves around the Sun once every 84 Earth years. Its average distance from the Sun is rough
Bell Curve for Intelligence IQ scores for a population-based sample usually fall into this kind of Bell Curve for Intelligence IQ scores for a population-based sample usually fall into this kind of
Hockey stick” curve Hockey stick” curve
Cost Accounting: A Managerial Emphasis 16th Edition Cost Accounting: A Managerial Emphasis 16th Edition
When operating your own business, it is wise to know your cost of capital and that of the ... When operating your own business, it is wise to know your cost of capital and that of the ...
Identify the variable representing each described quantity in the equation Identify the variable representing each described quantity in the equation
Video: Hierarchical Sequencing Method - Sequence Tagged Sites

For a complete list of videos, visit our video library