Econ 101 week 7 - Study guides, Class notes & Summaries

ECON 101 Quiz 5 Week 5 Ch. 8 Week 5 Quiz (Chapter 8) Part 1 of 1 - 100.0 Points Question 1 of 10 10.0 Points Average variable cost is: A. the firm's variable cost per unit multiplied by the quantity. B. total variable cost divided by quantity. C. the difference between average total cost and total variable cost. D. the difference between total cost and total variable cost. Question 2 of 10 10.0 Points Which of the following is (are) correct? A. Firms are or...

ECON 101 Week 1 quiz Week 1 Quiz (Chapters 1 & 2) Return to Assessment List Part 1 of 1 - 100.0 Points Question 1 of 10 10.0 Points The branch of economics that examines the impact of choices on aggregates in the economy is: A. positive economics. B. normative economics. C. macroeconomics. D. microeconomics. Question 2 of 10 10.0 Points When we are forced to make choices we are facing the concept of: A. ceteris...