This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose Argyle Sachs has to choose between building a smaller sweater factory and a larger sweater ... (Read 1176 times)

ishan

  • Hero Member
  • *****
  • Posts: 546
on: Jun 29, 2018
Suppose Argyle Sachs has to choose between building a smaller sweater factory and a larger sweater factory.
 
  In the following graph, the relationship between costs and output for the smaller factory is represented by the curve ATC1, and the relationship between costs and output for the larger factory is represented by the curve ATC2.
 
  a. If Argyle expects to produce 3,600 sweaters per month, should he build a smaller factory or a larger factory? Briefly explain?
  b. If Argyle expects to produce 5,000 sweaters per month, should he build a smaller factory or a larger factory? Briefly explain.
  c. If the average cost of producing sweaters is lower in the larger factory when Argyle produces 6,500 sweaters per week, why isn't it also lower when Argyle produces 4,000 sweaters per week?

Question 2

A price-discriminating firm charges the highest price to
 
  A) the group with the least elastic demand. B) the group with demand that is unit elastic.
  C) the group with the largest demand. D) the group with the most elastic demand.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

flexer1n1

  • Sr. Member
  • ****
  • Posts: 373
Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly


petrik mur

  • Newbie
  • *
  • Posts: 1
Reply #2 on: Apr 22, 2020
thank you


harsh ladani

  • Newbie
  • *
  • Posts: 1
Reply #3 on: Nov 26, 2020
Thank you


rocky2002

  • Newbie
  • *
  • Posts: 2
Reply #4 on: Nov 30, 2020
Thank You


Linda Zhang

  • Newbie
  • *
  • Posts: 1
Reply #5 on: Dec 2, 2020
Thank you


Goddess Galore Beauty

  • Newbie
  • *
  • Posts: 1
Reply #6 on: Dec 2, 2020
thank you


« previous next »
 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Galaxies Forming by Combining Smaller Units Galaxies Forming by Combining Smaller Units
Building a Client Base Building a Client Base
Structure of a Fatty Acid Fatty acids are the building blocks of some lipids Structure of a Fatty Acid Fatty acids are the building blocks of some lipids
Mammoths – Larger Cenozoic Mammals Mammoths – Larger Cenozoic Mammals
Suppose that we have a sample space with five equally likely experimental outcomes: E1, E2, E3, ... Suppose that we have a sample space with five equally likely experimental outcomes: E1, E2, E3, ...
A highway curve of radius 80 m is banked at 45°. Suppose that an ice storm hits, and the ... A highway curve of radius 80 m is banked at 45°. Suppose that an ice storm hits, and the ...
Video: Muscle Fatigue and Recovery

For a complete list of videos, visit our video library