微观经济学作业答案(共10页).doc

精选优质文档-倾情为你奉上Managerial EconomicsHOMEWORK SET#3Name:Class:Student #: (Due day: Next class)专心-专注-专业Part 1:1. When the average product is decreasing, marginal producta.equals average product. b.is increasing.c.exceeds average product. d.is decreasing.e.is less than average product.Choose: e)The next two questions refer to a firm in a constant- cost industry with ATC(q) = 2,000/q + 100