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NEW QUESTION: 1
Which of the following statement best explains why the average total cost of a firm is U-shaped?
A. Marginal cost is high for low output levels and average fixed cost is high for high output levels.
B. Average fixed cost is high for low output levels and marginal cost is high for high output levels.
C. Marginal cost is low for low output levels and average fixed cost is low for high output levels.
Answer: B
Explanation:
ATC = AFC + AVC = (TFC + TVC)/Q. First we focus on average fixed costs, TFC/Q. Since the cost is fixed, the smaller Q is the larger ATC will be. However as higher output levels are reached there is a point where the incremental change in total cost for each incremental change of quantity will start to increase. That is MC = DTC / Dq will start to get bigger to the point where MC > ATC such that
ATC gets bigger. So on either extreme (low Q, high Q), ATC will be high.

NEW QUESTION: 2
Which two are valid instantiations and initializations of a multi dimensional array?

A. Option C
B. Option E
C. Option A
D. Option B
E. Option D
Answer: C,E

NEW QUESTION: 3

A. Option A
B. Option D
C. Option C
D. Option B
Answer: C,D

NEW QUESTION: 4
Which HP tools are used to manage ROMPaqs on ProLiant ML/DL servers? (Select two.)
A. Array Diagnostic Utility (ADU)
B. Insight Diagnostics
C. Virtual Connect Enterprise Manager (VCEM)
D. HP Smart Update Manager (SUM)
E. Rapid Deployment Pack (RDP)
Answer: D,E

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