Twenty-five students in a class take a test for which the average grade is 75. Then a twenty-sixth student enters the class, takes the same test, and scores 70. The test average grade calculated with 26 students will
A) rise above 75.
B) fall below 75.
C) change from 75 but the direction is unclear.
D) still equal 75.
Correct Answer:
Verified
Q198: Marginal cost is equal to average variable
Q199: Refer to the information provided in
Q200: Refer to the information provided in
Q201: Average total cost is
A) AFC - AVC.
B)
Q202: The Framing Gallery frames posters and has
Q204: If the average variable cost curve is
Q205: If marginal cost equals average variable cost,
Q206: The law of diminishing marginal returns results
Q207: Average variable and average total costs get
Q208: A short-run total cost schedule is a
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