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

Author Question: If the marginal cost curve is above the average variable cost curve, then (Read 46 times)

natalie2426

  • Hero Member
  • *****
  • Posts: 524
on: Apr 19, 2019

Question 1

Marginal cost is equal to average variable cost when average variable cost is


◦ zero.
◦ at its minimum.
◦ at its maximum.
◦ equal to total variable cost.

Question 2

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


◦ average variable cost is increasing.
◦ average variable cost is decreasing.
◦ average variable cost is constant.
◦ marginal cost is 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 natalie2426 on Apr 19, 2019

macmac

  • Sr. Member
  • ****
  • Posts: 343
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


natalie2426

  • Hero Member
  • *****
  • Posts: 524
Reply #2 on: Apr 19, 2019
Thank you!


macmac

  • Sr. Member
  • ****
  • Posts: 343
Reply #3 on: Apr 19, 2019
Always glad to help...


« previous next »
 

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

A Scatterplot of the Test Scores and Average Grades of 10 Students A Scatterplot of the Test Scores and Average Grades of 10 Students
How to find the average value of a function (Part 2) How to find the average value of a function (Part 2)
How to find the average atomic mass of an element How to find the average atomic mass of an element
Average Number of Days per Year with Thunderstorms Average Number of Days per Year with Thunderstorms
The slope of the curve y = ax^3 - bx^2 + cx - 3 at x = 2 is 5. If the point of inflection of the cur The slope of the curve y = ax^3 - bx^2 + cx - 3 at x = 2 is 5. If the point of inflection of the cur
Summary of Single Variable Discrete Models Summary of Single Variable Discrete Models
Video: Cellular slime mold life cycle Animation

For a complete list of videos, visit our video library