Register
State whether the following statements are true or false. Give a reason for your answer: (i) Average cot can fall even when marginal cost is rising. (ii) The difference between average total cost and average
157k views
19 votes
State whether the following statements are true or false. Give a reason for your answer: (i) Average cot can fall even when marginal cost is rising. (ii) The difference between average total cost and average variable cost is consent. (iii) As the output is increased, the difference between average total cost and average variable cost falls and ultimately becomes zero. (iv) AVC can fall only when MC is falling. (v) The difference between total cost and the total variable cost rises with an increase in output. (vi) When MC rises, AVC also rises.

User Michael Petito
by
3.4k points

1 Answer

6 votes

Answer:

true,false,false,false,false,false

Step-by-step explanation:

User Zifei Tong
by
3.4k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.6m questions

4.6m answers

Other Questions

How can expansionary​ expenditure-based fiscal policy lead to crowding out in the​ economy? A. ​Expenditure-based fiscal policy increases the national​ debt, inducing​ forward-looking households and firms
Stevenson Company purchased equipment for $250,000 on January 1, 2010. The estimated salvage value is $50,000, and the estimated useful life is 5 years. The straight-line method is used for depreciation.
Andrew doesn’t want to spend a lot of money on student loans, and does not qualify for grants. what is his best option for affording a bachelors degree
The method of appraisal in which the appraiser estimates the replacement cost of the building, deducts depreciation, and adds the value of the site is:________
The Yum and Yee food truck near the business school serves customers during lunch hour by taking orders and making fresh batches of stir-fry. Customers have only one choice during the lunch hour so that
Link Copied!