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Author Question: Related to the Economics in Practiceon page 172: When there are only a few empty cabins on a large ... (Read 70 times)

mcmcdaniel

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on: Apr 19, 2019

Question 1

At an output ________ of a firm's short run average total cost curve, a firm can use its fixed capital input at a lower average cost but only by using its variable input at a higher average cost.


◦ beyond the minimum point
◦ beyond the maximum point
◦ prior to the minimum point
◦ equal to the highest level

Question 2

Related to the 
Economics in Practice on page 172: When there are only a few empty cabins on a large cruise ship, the marginal cost of adding extra passengers to occupy those cabins


◦ is probably very low.
◦ will be negative.
◦ is generally quite high.
◦ will primarily depend on the number of customers waiting to travel.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by mcmcdaniel on Apr 19, 2019

komodo7

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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.
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mcmcdaniel

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

parker125

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

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