Author Question: As a table manufacturing company produces more tables, the average total cost of each table produced ... (Read 127 times)

mikaylakyoung · **on:** Jul 1, 2018

As a table manufacturing company produces more tables, the average total cost of each table produced increases. This could be because:
a. Total fixed costs are decreasing as more tables are produced
b. There are economies of scale
c. There are diseconomies of scale
d. Total variable cost is decreasing as more tables are produced.

Question 2

Jill, a bookkeeper, just received an attractive offer from an outside firm and so she asks for a raise from her current employer. If the management of Jill's company is aware of the offer, she would
a. Have a weaker bargaining position
b. Have a stronger bargaining position
c. Be laughed at
d. All of the above