If marginal cost exceeds average variable cost but is less than average total cost, then as output increases average total cost ________ and average variable cost ________

Refer to the information provided in Table 36.1 below to answer the question(s) that follow. Table 36.1PersonWeight (lbs)Abe160Boris210Calvin300Darius185Eddie240Franklin175A study to determine the effect that the weight of an average 6 ft. tall man has on the incidence of Type 2 diabetes was conducted in a small town. The six participants and their corresponding weights are listed in the table.Related to the Economics in Practice on p. 728: Refer to Table 36.1. When using regression discontinuity, if this study had a threshold of 200 pounds, the outcomes of which individuals would be compared?

A. Abe, Darius, and Franklin B. all six individuals C. Abe and Calvin D. Boris and Darius

Which of the following statements is not correct?

a. If Fiona gets a higher wage and works more, the substitution effect is greater than the income effect for her. b. If Miguel experiences a wage decrease and works less, the income effect is greater than the substitution effect for him. c. If the substitution effect is greater than the income effect, the labor-supply curve is upward sloping. d. If the income effect is greater than the substitution effect, the labor-supply curve is downward sloping.