Consider the relationship between the average test score of a class and one student's test score.Suppose there are 10 students with an average test score of 80.Suppose the marginal score is the test score of a new student,Kelly.
(A)If Kelly's score is 90,what will happen to the new average test score of the class?
(B)If Kelly's score is 70,what will happen to the new average test score of the class?
(C)What do your answers to parts (A)and (B)illustrate about the relationship between marginal and average curves in general?
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q162: Consider the weight of the people in
Q165: Explain the difference between economies of scale
Q166: Fill in the table below about the
Q167: Use the cost function information provided in
Q167: A firm can experience economies of scope
Q168: Plot the following data for quantity of
Q170: Are there economies of scale for a
Q171: Fill in the table below for a
Q172: Suppose the average total cost curves for
Q175: Draw typical average total cost, average variable
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents