Afirm's minimum average variable cost of $25 a backpack occurs when the firm produces 4 backpacks a day. draw the firm's supply curve. label the supply curve below $25 a backpack s_0. label the supply curve above $25 a backpack s_1. a firm's supply curve is the same as the average total cost curve at all points above the shutdown point includes the marginal cost curve at all pewits above minimum average variable cost is vertical at the shutdown point is the same as the average variable cost curve at al points above the shutdown point

Which of the following statements accurately describes how costs and benefits are calculated?

Which of the following is one of the advantages primarily associated with a performance appraisal? (a) it protects employees against discrimination on the basis of race. (b) it motivates employees to work on their shortcomings. (c) it encourages employees to play the role of the whistle-blower. (d) it accurately measures the resources of the firm.

Alarge university wanted to study the relationship between completing an internship during college and students' future earning potential. prom the same graduating class, they selected a random sample of 80 students who completed an internship and 100 students who did not complete an internship and examined their salaries five years after graduation. they found that there was a statistically higher mean salary for the internship group than for the noninternship group. which of the following interpretations is the most appropriate? a. there could be a confounding variable, such as student major, that explains the difference in mean salary between the internship and no internship groups.b. we cannot infer anything from these data since the distribution of salaries is likely right skewed.c. you cannot draw any valid conclusions because the sample sizes are different.d. more students should complete internships because having an internship produces a higher salary.