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

Author Question: If marginal cost is above average cost, then (Read 39 times)

lb_gilbert

  • Hero Member
  • *****
  • Posts: 588
on: May 25, 2020

Question 1

Which one of the following is most likely to be a variable cost for a firm?
◦ Rent on office space
◦ Interest payments on company loans
◦ Employers' national insurance contributions
◦ Business rates on the premises
◦ The annual licence fee for using a patented process

Question 2

If marginal cost is above average cost, then
◦ AC is increasing.
◦ AC is decreasing.
◦ AVC is constant.
◦ AVC is decreasing.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by lb_gilbert on May 25, 2020

Melissahxx

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: May 25, 2020
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


lb_gilbert

  • Member
  • Posts: 588
Reply 2 on: May 25, 2020
Gracias!

bblaney

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Typical Startup Cost Categories Typical Startup Cost Categories
How to find the average value of a function (Part 2) How to find the average value of a function (Part 2)
The average weight gain between Thanksgiving and New Year's Day is about a pound The average weight gain between Thanksgiving and New Year's Day is about a pound
Infant formula is available in several forms and varies in cost and ingredients Infant formula is available in several forms and varies in cost and ingredients
Average Number of Days per Year with Thunderstorms Average Number of Days per Year with Thunderstorms
The average percentages by polygraph exams The average percentages by polygraph exams
Video: Genetic distance between human groups

For a complete list of videos, visit our video library