ATC equals
A. AVC - AFC.
B. MC + AFC.
C. FC/Q.
D. (TFC + TVC)/Q.
Answer: D
Economics
You might also like to view...
Which of the following is included in the calculated gross domestic product? a. Mr. Kelly buys a used lawn mower from his neighbor Mr. Templeton
b. A local ice cream store sells $17,000 worth of cones and sundaes on July 4th. c. Suzanne buys a love seat and chair for $85 at the yard sale on the corner. d. Farmer Fred sells his second tractor to his son.
Economics
Suppose the natural rate of unemployment is 5 percent. If the actual unemployment rate is 4 percent, then the cyclical unemployment rate is
A. 1 percent. B. -1 percent. C. 9 percent. D. 0 percent as cyclical unemployment cannot be less than zero.
Economics