Given that fixed costs are constant as output increases, average fixed costs are also constant.

a. True

b. False

Kellogg's froot loops cereal comes in six fruit flavors: orange, lemon, cherry, raspberry, blueberry, and lime. charise poured out her morning bowl of cereal and methodically counted the number of cereal pieces of each flavor.

Suppose the small town of Falls Valley has a mosquito problem. After a bad summer, the town accountants explain that the marginal cost of providing one more treatment for mosquito control is $100,000.

If you were required to estimate the average return for one category of securities for the coming year, history tells us that you should have the greatest degree of confidence estimating which of the following?

An investment in Pear Computers has an initial value of $5,000. A second investment in Macrosoft Computers has an initial value of $7,500. The Pear stock falls by the same percentage as the Macrosoft stock rises.

Philip is thinking about customizing his motorcycle. A paint job, saddlebags, and a radio would cost $600. His motorcycle is older, so he also knows that he will need to get another motorcycle sometime in the next two years.

True or False: Being confronted with danger is a common reason why drivers get angry, hostile, and aggressive.

Now that we have explored the problem, let's turn to the solution is an example of an internal preview. a. Trueb. False

Suppose that while melissa was on the coast, she also spent two days sightseeing the national parks in the area.

On a large construction project, the price of dry wall is $.40 per square foot and spraying the dry wall with textured plaster is $.45 per square yard. how much must the builder pay for sprayed dry wall that is 100 square yards?

Which statement describes the equity‑efficiency trade‑off? There is always a more equitable outcome that is also more efficient. Government intervention can increase efficiency in a market. The least efficient economic outcome is the fairest outcome.