--%>
Assignment Help - homework help

realtionship between MC and AVC

what happens to AVC if MC>AVC

   Related Questions in Microeconomics

  • Q : Labor Unions and Aggregate salary Income

    The least probable outcome when unions succeed in increasing their member’s salaries is that: (1) Wages in non-union sectors will drop. (2) Employment will produce in non-union sectors. (3) Barriers will be building up to limit the entry to unions. (4) Labor's s

    		•
  • Q : Purely-competitive market demand For

    For the purely-competitive cranberry market, as in below figure there Curve H is: (i) industry’s long-run supply curve. (ii) firm’s demand curve in the short run. (iii) industry’s marginal cost curve. (iv) firm’s long run margi

    		•
  • Q : Generating good for the society All

    All along the production possibilities frontier, a society can generate more of a good merely if: (1) This provides some of some other good. (2) Resources are completely employed. (3) All resources are efficiently employed. (4) Consumption surpasses i

    		•
  • Q : Problem on Equilibrium price What

    What happens to equilibrium price if increase in demand is equivalent to increase in supply? Answer: In case of equivalent increase in demand and supply the equilib

    		•
  • Q : Total consumer surplus received Assume

    Assume that you gain $36 worth of pleasure from first hole of the golf played on any specific day since you are an avid golfer, however the extra pleasure you profit from playing succeeding holes drops by $2 per additional hole. The $40 greens fee is needed to begin o

    		•
  • Q : Problem on monetary prices In adding up

    In adding up to monetary prices, the costs of buying and selling comprise: (1) Wage payments. (2) Monopoly gains. (3) Social advantages. (4) Transaction costs. (5) Pecuniary externalities. Please someone suggest me

    		•
  • Q : Signals for sellers Can someone help me

    Can someone help me in finding out the right answer from the given options. The signals for sellers to lower the market price comprise: (i) Fast depletion of goods from the retail store shelves. (ii) Producers encompass more orders than they can hold.

    		•
  • Q : Comparative statics and consumer demand

    Explain the methodological procedure called comparative statics.  What does this procedure imply regarding the nature of the consumer demand curve?

    		•
  • Q : History of labor-Yellow Dog Contracts

    The agreements not to join unions were once general needs for employment. Now outlawed, such are termed as: (1) Blacklist contracts. (2) Feather-bedding certificates. (3) Employment screens. (4) Exclusionary provisions. (5) Yellow dog contracts.

    Q : Highest legal price for Whopper Slushees

    Beginning at equilibrium, a new highest legal price for Whopper Slushees set at P1 would: (i) cause people to purchase more Slushees and fewer cones from Dairy Queen. (ii) Reduce total market demand. (iii) Yield surplus demand and a scarcity. (iv) Inc

    		•