This topic contains a solution. Click here to go to the answer

Author Question: Based on the above table, which of the following is the efficient quantity of output? A) 31 B) ... (Read 71 times)

Mr.Thesaxman

  • Hero Member
  • *****
  • Posts: 514
Based on the above table, which of the following is the efficient quantity of output?
 
  A) 31
  B) 16
  C) 32
  D) None of the above answers is correct.

Question 2

The accountant for Muzhi's Sushi claims that Muzhi has accomplished economic efficiency. This means that Muzhi's Sushi
 
  A) produces a given output using the least inputs.
  B) produces a given output at the lowest cost.
  C) has an economic profit greater than a normal profit.
  D) has a normal profit greater than an economic profit.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Mochi

  • Sr. Member
  • ****
  • Posts: 300
Answer to Question 1

B

Answer to Question 2

B




Mr.Thesaxman

  • Member
  • Posts: 514
Reply 2 on: Jun 29, 2018
Gracias!


shailee

  • Member
  • Posts: 392
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

For a complete list of videos, visit our video library