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 732 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?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

The rotifer, Brachionus calyciflorus, is a large predator that consumes the smaller algae, Chlorella The rotifer, Brachionus calyciflorus, is a large predator that consumes the smaller algae, Chlorella
Lithotripsy. The direction of a sound pulse crushes the stones into smaller fragments that can be pa Lithotripsy. The direction of a sound pulse crushes the stones into smaller fragments that can be pa
On March 25, 1911, as scores of young factory girls leaped to their deaths from the eighth, ninth, a On March 25, 1911, as scores of young factory girls leaped to their deaths from the eighth, ninth, a
The research methods that sociologists choose depend partially on the questions they want to answer. ... The research methods that sociologists choose depend partially on the questions they want to answer. ...
Increased acidity inhibits the growth of coral and other carbonate shell-building organisms Increased acidity inhibits the growth of coral and other carbonate shell-building organisms
For each substrate below, choose which reaction type is favored. Place the letter of the ... For each substrate below, choose which reaction type is favored. Place the letter of the ...
Video: Dendrite Animation

For a complete list of videos, visit our video library