A Swiss consumer wants to buy an American laptop. The exchange rate is 1USD=0.89CHF (Swiss Francs). The laptop costs $800 . How much would the laptop cost him in Swiss Francs?

In the above table, what is the maximum price that consumers are willing to pay for the 200th brownie?

A) 0 B) 20¢ C) 60¢ D) 80¢

Which of the following statements is true of the relationship among the average cost functions?

A) ATC = AFC - AVC B) AVC = AFC + ATC C) AFC = ATC + AVC D) AFC = ATC - AVC