When a technology improvement increases the output per employee, then the cost per unit of output...
When a technology improvement increases the output per employee, then the cost per unit of output will?
a.) increase b.) decrease c.) become negative d.) not change
Homework Answers
When a technology improvement increases the output per employee, then the cost per unit output will
b) decrease
An increase in output per employee indicates an increase in productivity. A rise in productivity is said to offset an increase in nominal wages. Due to this, the cost per unit of ouput will decrease. Moreover, when more output is produced using the same number of employees, then cost incurred in producing one unit of output is less.
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When a technology improvement increases the output per employee,
then the cost per unit of output...
when a technology improvement increases the output per employee, then the cost per unit of output...
when a technology improvement increases the output per employee, then the cost per unit of output will a. decrease b. increase c. not change d. become negative
In economics, a cost which must be paid regardless of the level of output production is...
In economics, a cost which must be paid regardless of the level of output production is called Select one: a zero marginal cost b. elastic overhead c. a fixed cost d diminishing returns When a technology improvement increases the output per employee, then the cost per unit of output will Select one: a decrease b. increase c. not change d become negative c
As the level of activity increases, how will a variable cost in total and per unit...
As the level of activity increases, how will a variable cost in total and per unit behave? A) In Total Increase Increase Increase Decrease Decrease Per Unit Decrease Increase No effect Increase No effect Multiple Choice Choice A Choice B
An improvement in technology would result in Select one: a. upward shifts of MC and reductions...
An improvement in technology would result in Select one: a. upward shifts of MC and reductions in output. b. upward shifts of MC and increases in output. c. downward shifts of MC and reductions in output. d. downward shifts of MC and increases in output. e. increased quality of the good, but little change in MC.
8. When activity volume increases in the short term, A. fixed costs per unit remain unchanged...
8. When activity volume increases in the short term, A. fixed costs per unit remain unchanged and variable costs per unit increase B. fixed costs per unit increase and variable costs per unit remain unchanged C. fixed costs per unit remain unchanged and variable costs per unit decrease D. fixed costs per unit decrease and variable costs per unit remain unchanged E. fixed costs per unit decrease and variable costs per unit increase
Help Save & Exit When a company's Variable Cost Per Unit Increases while all other costs,...
Help Save & Exit When a company's Variable Cost Per Unit Increases while all other costs, volume, and selling price per unit remain unchanged, what is the impact on the company's contribution margin and net income for this change in variable cost per unit? Multiple Choice Contribution Margin: decrease: Net Income: Increase Contribution Margin: no impact: Net Income: Increase Contribution Margin: Increase: Net Income: decrease Contribution Margin: decrease, Net Income: decrease Contribution Margin: no impact: Net Income decrease A company...
-When a firm produces one more unit of output the total revenue increases from $803 to...
-When a firm produces one more unit of output the total revenue increases from $803 to $1,037, and the total cost increases from $519 to $708. When this last unit of output was produced, what was the change in profit? Enter a whole number with no dollar sign. Enter a negative sign if appropriate. -With her resources Sally can produce 36 units of good X or 142 units of good Y. What is her opportunity cost of producing 9 units...
If the level of activity increases within the relevant range: O variable cost per unit and...
If the level of activity increases within the relevant range: O variable cost per unit and total cost also increase. O variable cost per unit and total fixed costs also increase. O fixed cost per unit and total variable cost also increase. O total cost will increase and fixed cost per unit will decrease.
Variable costs: A.vary per unit of output as production levels change. B. are fixed in total as production levels change...
Variable costs: A.vary per unit of output as production levels change. B. are fixed in total as production levels change. C. decrease per unit as production volume increases. D. are fixed per unit and vary in total as production levels change.
Within the relevant range, as the number of units produced increases: the variable cost per unit...
Within the relevant range, as the number of units produced increases: the variable cost per unit will increase O the fixed cost per unit will decrease O total variable costs will remain the same O total fixed costs will decrease
In economics, a cost which must be paid regardless of the level of output production is called Select one: a zero marginal cost b. elastic overhead c. a fixed cost d diminishing returns When a technology improvement increases the output per employee, then the cost per unit of output will Select one: a decrease b. increase c. not change d become negative c
As the level of activity increases, how will a variable cost in total and per unit behave? A) In Total Increase Increase Increase Decrease Decrease Per Unit Decrease Increase No effect Increase No effect Multiple Choice Choice A Choice B
An improvement in technology would result in Select one: a. upward shifts of MC and reductions in output. b. upward shifts of MC and increases in output. c. downward shifts of MC and reductions in output. d. downward shifts of MC and increases in output. e. increased quality of the good, but little change in MC.
8. When activity volume increases in the short term, A. fixed costs per unit remain unchanged and variable costs per unit increase B. fixed costs per unit increase and variable costs per unit remain unchanged C. fixed costs per unit remain unchanged and variable costs per unit decrease D. fixed costs per unit decrease and variable costs per unit remain unchanged E. fixed costs per unit decrease and variable costs per unit increase
Help Save & Exit When a company's Variable Cost Per Unit Increases while all other costs, volume, and selling price per unit remain unchanged, what is the impact on the company's contribution margin and net income for this change in variable cost per unit? Multiple Choice Contribution Margin: decrease: Net Income: Increase Contribution Margin: no impact: Net Income: Increase Contribution Margin: Increase: Net Income: decrease Contribution Margin: decrease, Net Income: decrease Contribution Margin: no impact: Net Income decrease A company...
If the level of activity increases within the relevant range: O variable cost per unit and total cost also increase. O variable cost per unit and total fixed costs also increase. O fixed cost per unit and total variable cost also increase. O total cost will increase and fixed cost per unit will decrease.
Within the relevant range, as the number of units produced increases: the variable cost per unit will increase O the fixed cost per unit will decrease O total variable costs will remain the same O total fixed costs will decrease
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