the answer is d because they really don't
want anyone having under a 3.0
Answer:
A). Average total cost will always exceed average variable cost.
C). Average fixed cost cannot increase with output, at any level of output
Explanation:
- In the short term, a company that increases its profits will increase production if the marginal cost is less than the marginal income.
- Reduction in production if marginal cost exceeds marginal income. Continue production when the average variable cost is less than the unit.
- so correct answer is A and C
Given the circumstances mentioned by Juul's behavior, the framing bias would be the bias used in this decision-making process.
<h3>What is a bias in decision-making?</h3>
This phrase is used to explain the kind of bias that individuals would have to exhibit on how they would take in information and how they would be able to develop opinions.
Framing bias is a kind of prejudice that has to do with the bias that results from how circumstances are presented and are often not created by the facts that are given in situations.
To learn more about decision-making bias.
brainly.com/question/3078929
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Answer:
0.75
Explanation:
The cross price elasticity measures how a change in price of one good affects the quantity demanded of another good
Cross price elasticity = percentage change in quantity demanded of pens / percentage change in the price of pencils
percentage change in quantity demanded of good A = (150 -100) / 100 = 0.5 = 50%
percentage change in the price of good B = (2.50 - 1.50) / 1.50 = 0.67 = 67 %
Cross price elasticity = 50% / 67% = 0.75
I hope my answer helps you
