Correct Answer: B and c
Explanation:
Note: This Question is unanswered, help us to find answer for this one
Microeconomics Skill Assessment
Your Skill Level: Poor
Retake Quizzes to improve it
More Microeconomics MCQ Questions
Households ________ final goods and services in the ________ market.
In a "seller's market" ________.
In microeconomics, the term _____________________ is synonymous with economies of scale.
Mc = atc at the minimum of _________ .
Mc is a _____-shaped curve due to the law of diminishing returns.
Constant returns to scale are Returns that occur in an output range where _____ does not change.
Average variable cost is ________ divided by output
Average total cost is ________ divided by output
Average fixed cost is ________ divided by output
Accounting profits are Total revenues minus total _______