Homework Answers
36. Average fixed cost is high.
37. Marginal cost is greater than average total cost.
41. Increase in output obtained from a one unit increase in labor.
42. Manner in which costs are defined.
43. Economic profit.
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men u nchsp course assessment_id 1333381_1&course_id 1773666 1&content id=43280655 1&step rul - QC Li...
answer choices opp k j p/course assessment_id 64930_1&course de 187299 1&content de 963785 1 Question...
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opp k j p/course assessment_id 64930_1&course de 187299 1&content de 963785 1 Question Completion Status: Which of the following is a likely intermediate in the reaction depicted below? [ + NaOme MeOH 20-20..O Click Save and submit to save and click Save Amers to reallaners Question Completion Status ОMe Click Save and Submit to some and bopit. Chek Save A s to save all anneer # Type here to search
1 5 -2019 Fall Term (1) - Question Completion Status QUESTION 21 Compared with the efficient outcome, the market pr...
1 5 -2019 Fall Term (1) - Question Completion Status QUESTION 21 Compared with the efficient outcome, the market price of a good that generates external benefits is too high too low optimal equal to the efficient price QUESTION 22 Products that create external benefits are over-consumed because the private benefits exceed the private costs under consumed because consumers only consider the private benefits of consumption optimally consumed as long as private benefits equal private costs underconsumed because the social...
Question Completion Status: QUESTION 31 An efficient scale of the firm is the quantity of output...
Question Completion Status: QUESTION 31 An efficient scale of the firm is the quantity of output that maximizes marginal product • maximizes profit minimizes average total cost • minimizes average variable cost QUESTION 32 If marginal cost is rising - average variable cost must be falling average fixed cost must be rising marginal product must be falling • marginal product must be rising QUESTION 33 Diminishing marginal product suggests that additional units of output beccome less costly as more output...
Sela= 47387_1&content id=574743 1&step. Question Completion Status: QUESTION 5 1 points Save Figure: Dishwashing Detergent Price...
Sela= 47387_1&content id=574743 1&step. Question Completion Status: QUESTION 5 1 points Save Figure: Dishwashing Detergent Price SC $18 3 Reference: Ref 10-7 6 9 12 15 18 Quantity (Figure: Dishwashing Detergent) Refer to the figure. Dishwashing detergent contains phosphates that harm marine life. In this figure, SC represents the A. private cost of production. B. social cost of production: the private cost plus the external cost. C. private cost of production plus the social cost of production D. social cost...
Question Completion Status: QUESTION 38 Marginal cost equals total cost divided by the quantity of output produced...
Question Completion Status: QUESTION 38 Marginal cost equals total cost divided by the quantity of output produced total output divided by the change in total cost the slope of the total cost curve the slope of the line drawn from the origin to the total cost curve QUESTION 39 wa firm produces nothing which of the following costs will be zero? - total cost faxed cost opportunity cost variable cost QUESTION 40 A production function is a relationship between Inputs...
Question Completion Status: QUESTION 19 When the government increases tariffs production switches from low-cost foreign producers...
Question Completion Status: QUESTION 19 When the government increases tariffs production switches from low-cost foreign producers to high-cost domestic producers, wasting resources domestic producers buy more of the good, increasing the gains from trade domestic producers produce more output, increasing the gains from trade deadweight losses are eliminated because foreign producers sell below their product cost QUESTION 20 As a result of tariffs, domestic producers tend to • gain more than domestic consumers lose • spend less money on lobbying...
Question Completion Statun QUESTION 1 1 pe if a fiem can adjust its employment of all...
Question Completion Statun QUESTION 1 1 pe if a fiem can adjust its employment of all inputs, then it is experiencing economies of scale G in the long run O off its expansion pach O Imited only by the capacity of its fixed capital QUESTION 2 1 pains Which of the following is *not classified as a capital input cement mixer restaurant oven 500 shares of General Motors stock o office photocopler QUESTION 3 1 peintm The association of each...
QUESTION 49 A firm is currently producing where MC-55 and MR-$10. This firm is profit-maximizing under-producing...
QUESTION 49 A firm is currently producing where MC-55 and MR-$10. This firm is profit-maximizing under-producing over-producing no conclusion can be made QUESTION 50 2 poin A firm should increase its production when marginal revenue rises and marginal cost stays the same marginal cost rises and marginal revenue stays the same both marginal cost and marginal revenue are falling both marginal cost and marginal revenue are rising Question Completion Status: If the firm produces 120 units of output with 12...
W e assessment id=53515. 18 course id=74437 1 content id-10267443 1 step full Remaining Time: 21...
W e assessment id=53515. 18 course id=74437 1 content id-10267443 1 step full Remaining Time: 21 minutes, 42 seconds. Question Completion Status: QUESTION 2 In the PAC you must put the variable in Uppercase. True or False? O True False QUESTION 3 In a Heuristic algorithm you can reach the solution through a direct set of steps. True or false? True False QUESTION 4 The UML is commonly used as a tool to develop objected oriented solution. True or False?...
question 7: question 14: BTake Test Untitled doci eSchool S0 (14) 528HZ 2Black Womer C Search...
question 7:
question 14:
BTake Test Untitled doci eSchool S0 (14) 528HZ 2Black Womer C Search Text Teespring La X G As long as EAssignments X X X X https://bbhosted.cuny.edu/webapps/assessment/take/launch.jsp?course_assessment-id-_1273043 1&course_id=_1726735_1&content_id=_40866091 1&step-null Question Completion Status the revenue gained by producing one more unit of output is less than the cost incurred by doing so. The firm is already maximizing profits because revenue is being increased by more than costs. QUESTION 7 1 points Save Answor As long as price Is...
answer choices
opp k j p/course assessment_id 64930_1&course de 187299 1&content de 963785 1 Question Completion Status: Which of the following is a likely intermediate in the reaction depicted below? [ + NaOme MeOH 20-20..O Click Save and submit to save and click Save Amers to reallaners Question Completion Status ОMe Click Save and Submit to some and bopit. Chek Save A s to save all anneer # Type here to search
1 5 -2019 Fall Term (1) - Question Completion Status QUESTION 21 Compared with the efficient outcome, the market price of a good that generates external benefits is too high too low optimal equal to the efficient price QUESTION 22 Products that create external benefits are over-consumed because the private benefits exceed the private costs under consumed because consumers only consider the private benefits of consumption optimally consumed as long as private benefits equal private costs underconsumed because the social...
Question Completion Status: QUESTION 31 An efficient scale of the firm is the quantity of output that maximizes marginal product • maximizes profit minimizes average total cost • minimizes average variable cost QUESTION 32 If marginal cost is rising - average variable cost must be falling average fixed cost must be rising marginal product must be falling • marginal product must be rising QUESTION 33 Diminishing marginal product suggests that additional units of output beccome less costly as more output...
Sela= 47387_1&content id=574743 1&step. Question Completion Status: QUESTION 5 1 points Save Figure: Dishwashing Detergent Price SC $18 3 Reference: Ref 10-7 6 9 12 15 18 Quantity (Figure: Dishwashing Detergent) Refer to the figure. Dishwashing detergent contains phosphates that harm marine life. In this figure, SC represents the A. private cost of production. B. social cost of production: the private cost plus the external cost. C. private cost of production plus the social cost of production D. social cost...
Question Completion Status: QUESTION 38 Marginal cost equals total cost divided by the quantity of output produced total output divided by the change in total cost the slope of the total cost curve the slope of the line drawn from the origin to the total cost curve QUESTION 39 wa firm produces nothing which of the following costs will be zero? - total cost faxed cost opportunity cost variable cost QUESTION 40 A production function is a relationship between Inputs...
Question Completion Status: QUESTION 19 When the government increases tariffs production switches from low-cost foreign producers to high-cost domestic producers, wasting resources domestic producers buy more of the good, increasing the gains from trade domestic producers produce more output, increasing the gains from trade deadweight losses are eliminated because foreign producers sell below their product cost QUESTION 20 As a result of tariffs, domestic producers tend to • gain more than domestic consumers lose • spend less money on lobbying...
Question Completion Statun QUESTION 1 1 pe if a fiem can adjust its employment of all inputs, then it is experiencing economies of scale G in the long run O off its expansion pach O Imited only by the capacity of its fixed capital QUESTION 2 1 pains Which of the following is *not classified as a capital input cement mixer restaurant oven 500 shares of General Motors stock o office photocopler QUESTION 3 1 peintm The association of each...
QUESTION 49 A firm is currently producing where MC-55 and MR-$10. This firm is profit-maximizing under-producing over-producing no conclusion can be made QUESTION 50 2 poin A firm should increase its production when marginal revenue rises and marginal cost stays the same marginal cost rises and marginal revenue stays the same both marginal cost and marginal revenue are falling both marginal cost and marginal revenue are rising Question Completion Status: If the firm produces 120 units of output with 12...
W e assessment id=53515. 18 course id=74437 1 content id-10267443 1 step full Remaining Time: 21 minutes, 42 seconds. Question Completion Status: QUESTION 2 In the PAC you must put the variable in Uppercase. True or False? O True False QUESTION 3 In a Heuristic algorithm you can reach the solution through a direct set of steps. True or false? True False QUESTION 4 The UML is commonly used as a tool to develop objected oriented solution. True or False?...
question 7:
question 14:
BTake Test Untitled doci eSchool S0 (14) 528HZ 2Black Womer C Search Text Teespring La X G As long as EAssignments X X X X https://bbhosted.cuny.edu/webapps/assessment/take/launch.jsp?course_assessment-id-_1273043 1&course_id=_1726735_1&content_id=_40866091 1&step-null Question Completion Status the revenue gained by producing one more unit of output is less than the cost incurred by doing so. The firm is already maximizing profits because revenue is being increased by more than costs. QUESTION 7 1 points Save Answor As long as price Is...
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